US Financial and Consumer Stocks Weigh on the Markets

US equity markets kicked off the trading session in negative territory today despite the release of better-than-expected second-quarter earnings results from Goldman Sachs.
The company reported a record second-quarter net income of $3.44 billion, equivalent to earnings of $4.93 per share, surpassing Bloomberg’s average analyst estimate of $3.65 a share by 35% and Meredith Whitney’s [...]

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