Goldman Sachs stock jumps on earnings beat and dividend hike as traders cash in on volatility
Goldman Sachs shares rose nearly 4% after fourth-quarter profit and earnings per share beat estimates, with equities trading revenue hitting a record $4.31 billion and investment banking fees up 25% to $2.58 billion. The bank raised its quarterly dividend to $4.50 per share and reported net earnings of $4.62 billion for the quarter.