Goldman Sachs stock price dips as IPO work builds and a Fed chair decision looms
Goldman Sachs shares slipped 0.2% to $934.58 Thursday, lagging peers as the Financial Select Sector SPDR rose 0.6%. Ethos began trading at a $1.2 billion valuation, while Liftoff Mobile launched its IPO roadshow aiming for up to $5.17 billion. The Fed held rates steady; traders expect cuts by June. President Trump is set to announce his pick to succeed Fed Chair Powell next week.