David Kostin


David Kostin News

  • U.S. Stocks Rally on Citigroup, Data as Treasuries Drop

    The Standard & Poor’s 500 Index rebounded from the worst weekly loss in two years, weathering a selloff in the final hour, after retail sales rose the most since 2012 and Citigroup Inc.’s earnings unexpectedly rose. Treasuries fell with the ruble and commodities advanced on concern the situation in Ukraine is worsening.

  • U.S. Stocks Rally After Retail Sales, Citigroup Earnings

    U.S. stocks rebounded from the worst weekly losses in two years, weathering a selloff at the start of the final hour, after data showed retail sales increased the most since 2012 and Citigroup Inc. earnings unexpectedly rose.

  • S&P 500 Caps Worst Two-Day Drop Since June as Tech Slides

    U.S. stocks sank, extending the Standard & Poor’s 500 Index’s worst two-day drop since June, amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market’s best performers.

  • U.S. Stocks Fall on JPMorgan Miss; Treasuries, Oil Rise

    U.S. stocks fell, giving the Standard & Poor’s 500 Index its worst week since 2012, amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market’s top performers. Treasuries rose, while oil hit a five-week high.

  • Goldman Strategist Sees High Chance of 10% Market Drop

    Goldman Sachs Group Inc.’s David Kostin has some good news, and some bad news.

  • Kostin: S&P 500 May Fall to 1,100

    The Standard & Poor’s 500 Index may fall to 1,100 if the U.S. debt-reduction supercommittee fails to reach an agreement on budget cuts, according to Goldman Sachs Group Inc.’s David Kostin.

  • Goldman Sachs's Kostin Says Fiscal Cliff May Be Averted

    U.S. tax increases and spending cuts set for the beginning of next year may be averted by lawmakers in Washington, Goldman Sachs Group Inc.’s chief U.S. equity strategist David Kostin said.

  • Stocks to Drop on Fiscal Cliff Debate, David Kostin Says

    A possible stalemate around U.S. fiscal tightening and a slowing economy will pull stocks down this year, even as equities may gain in the longer term, Goldman Sachs Group Inc.’s chief U.S. equity strategist said.

  • Goldman's Kostin Predicts Modest Returns on Equities

    Equity markets will probably climb 8 percent a year for the next decade, even though economic concern will subdue returns in 2012, Goldman Sachs Group Inc.’s chief U.S. equity strategist said.

  • Goldman: S&P 500 Will End 2012 at 1,250

    The Standard & Poor’s 500 Index will end next year at 1,250 as a stagnating U.S. economy damps valuation increases for equities, Goldman Sachs Group Inc.’s David Kostin said.

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