Low-volatility, low-yield stock market is crushing Goldman, J.P. Morgan and the banking sector
May 31, 2017 at 14:56 PM EDT
Stock in some of the U.S.’s biggest banks were getting slammed on Wednesday, led by a sharp drop in shares of Goldman Sachs, as executives from some of the biggest banks were signaling that second-quarter trading was slumping, suggesting weakened revenues for the financial sector.