Goldman Sachs Drops $53, Next Week Shaping Up Risky
Goldman Sachs plunged 4.9% to $1,038.68 Friday—its sharpest drop among peers—after a hot U.S. jobs report revived rate hike fears, putting pressure on capital markets just as Goldman leads the high-stakes SpaceX IPO next week, with its valuation and deal appetite at risk if inflation data disappoints.