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Goldman Sachs' First Quarter Performance Boosted by Strong Wall Street Performance

Goldman Sachs said Monday that its first-quarter profit rose by double digits, buoyed by the general performance of the stock and bond markets in the first few months of the year. Goldman Sachs has struggled through much of 2023, as higher interest rates have prevented the firm from making deals and acquisitions. The New York-based investment bank reported a profit of $4.13 billion, up 28% from a year earlier.
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