Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading


Goldman Sachs' profit more than doubled in the second quarter, bolstered by debt underwriting and fixed-income trading, but results slipped from a bumper first quarter when the Wall Street giant reported its highest earnings since 2021.

The resilience of the U.S. economy has given corporate executives the confidence to pursue acquisitions, debt sales and stock offerings.

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