Goldman Sachs stock rises as Solomon says private-equity deals are starting to “accelerate”
Goldman Sachs shares rose 0.6% to $949.59 Tuesday, outperforming financial-sector ETFs as CEO David Solomon said private equity sponsors face pressure to return capital, spurring deal activity. Solomon expects strategic M&A to be “meaningfully higher” than recent years. Investors await key U.S. jobs and inflation data later this week. The 10-year Treasury yield edged down to 4.184%.