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The Honolulu Advertiser
Posted on: Wednesday, July 15, 2009

Markets rise slightly on Goldman report


Associated Press

NEW YORK — Investors got the results they wanted from Goldman Sachs, but the stock market's response was just a modest pop.

Investors were pleased that Goldman Sachs Group Inc.'s second-quarter earnings easily surpassed analysts' forecasts thanks to big gains in trading and underwriting. But the release of the results came as something of an anticlimax, as anticipation of a strong report sent the entire stock market soaring Monday.