Goldman Sachs is the big Dow winner of the Trump rally

Shares of Goldman Sachs Group Inc. pulled back Friday from a nine-year high, but were still by far the biggest beneficiary of the Trump rally within the Dow Jones Industrial Average.

The bank/broker’s stock GS, -1.44% dropped 1.4%, to pace the Dow DJIA, -0.11% decliners Friday, but it has still soared 22.8% since Donald Trump became President-elect. It had closed Thursday at the highest level since Dec. 3, 2007, which was months before the start of the financial crisis.

The next biggest Dow winner was fellow financial heavyweight J.P. Morgan Chase & Co. JPM, -0.23% whose shares have run up 16.5% since the election.

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