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Google Market NewsJan 27, 2023
Goldman Sachs Cuts C.E.O. David Solomon's Pay After Bank's Poor Performance - The New York Times
Goldman Sachs Cuts C.E.O. David Solomon's Pay After Bank's Poor Performance  The New York TimesGoldman Sachs Cuts CEO David Solomon's Pay About 30%  Bloomberg Markets and FinanceGoldman Sachs Cut CEO David Solomon's Pay to $25 Million in 2022  The Wall Street JournalGoldman Sachs cuts CEO David Solomon's pay 30%, still made $25M in 2022  New York Post Goldman Sachs CEO got 30% pay cut -- but still made $25 million  CNN

MarketWatch MarketPulseJan 26, 2023
S&P 500 ends at 7-week high on Thursday, stocks jump after U.S. economy posts 4th quarter growth
Major U.S. stock indexes closed higher Thursday, with the S&P 500 ending at 7-week highs after the official scorecard of the American economy showed a strong 2.9% annual rate of growth for the fourth quarter of 2022. The Dow Jones Industrial Average rose about 204 points, or 0.6%, ending near 33,948, close to the session's high. But the day's bigger gains came from the S&P 500 index and the Nasdaq Composite Index , which gained 1.1% and 1.8%, respectively. The S&P 500 ended at its highest close since Dec. 2, according to preliminary FactSet data. The U.S. economy reported a robust quarterly gain to end the year on Thursday, which helped advance risk-taking on Wall Street, even though many economist still expect the U.S. to face tougher odds of avoiding a recession in 2023 as the Fed plans to keep increasing rates in the next few months, and to keep them high for some time as part of its inflation fight.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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