The three major U.S. stock indexes continue to decline
According to Jinse Finance, the three major U.S. stock indexes continue to decline, with the Nasdaq down more than 0.6%, the S&P 500 down 0.5%, and the Dow Jones down 0.46%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.
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