Risky Stocks Begin New Year Ahead of S&P 500 Amid Uncertainties [Yahoo! Finance Canada]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Shares of unprofitable technology companies, distressed corporations and firms with a high short interest, were among the big gainers by midday in New York. The advance has the group outperforming the S&P 500 Index, which clocked in a stellar rally last year, in the first few trading days of 2025. The Goldman Sachs Group Inc. index of non-profitable technology stocks rose over 4% by 12 p.m. New York time, while a Goldman gauge for most-shorted stocks climbed 1.5%. Last year, both Goldman indexes — especially the gauge tracking unprofitable tech firms — lagged the benchmark. “After resting post-Christmas the election euphoria has reasserted itself. This is aggressive risk-on trading,” Michael O'Rourke, chief market strategist at Jonestrading. “I see this as a short-term beginning of the year phenomenon that likely runs out of momentum by the end of the week.” The bigger appetite for risk, however, did not give as much of a boost to small-cap stocks on
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Sec Filings
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