Goldman Sachs stock rises as a $16 billion debt deal lands and IPO chatter builds
Goldman Sachs shares rose 1.8% to $969.88 in midday New York trading Thursday, leading gains among major U.S. banks after President Trump eased tariff threats on Europe. The move followed a $16 billion debt issuance by Goldman and an internal reshuffle naming Ben Frost chairman of investment banking. SpaceX reportedly contacted Goldman and other banks about roles for a possible IPO, but no decisions were disclosed.