On September 14, Goldman Sachs fell 3.03% in regular trading, dropping to approximately $998.02 per share, with turnover of $4.35 billion. The decline was driven by hotter-than-expected inflation data and a sharp surge in U.S. Treasury yields, which pressured the broader financial sector.

On the news front, U.S. August core CPI rose 0.3% month-over-month, exceeding the 0.2% market consensus, while the previously released PPI climbed 5.4% year-over-year above expectations, reigniting concerns over inflation stickiness. Goldman Sachs economists have shifted to forecasting a 25-basis-point rate hike at the upcoming September FOMC meeting, with market-implied probability reaching nearly 90%. The firm noted in a recent report that the FOMC will likely seek to avoid the severe market turbulence that could follow an unexpected hold.

Meanwhile, the U.S. 30-year Treasury yield surged to 5.347%, a near 20-year high, while the 10-year yield approached 5%, intensifying a broader bond selloff that rattled risk sentiment. The investment banking sector came under broad pressure, with peers Morgan Stanley and Interactive Brokers declining 2.28% and 2.46%, respectively.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)