Goldman closes above $200 for first time since '08

April 15, 2015 8:39 PM

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Goldman closes above $200 for first time since '08

Banks are benefiting this quarter from bright spots in investment banking and asset management, which are helping to offset the pain of long-term, low interest rates.

This could bode well for Goldman Sachs and Morgan Stanley — two banks with large alternative banking businesses, such as investment banking, brokerage and trading.

Also read: Trump is making China angry. Could China undermine the U.S. in Latin America?

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