US Stock Market Move | Q4 net income exceeds expectations Goldman Sachs Group, Inc. (GS.US) rose 4% in pre-market trading.

On Wednesday, Goldman Sachs Group, Inc. (GS.US) rose 4% in pre-market trading, reaching $594.431. The company reported a net income of $13.87 billion for the fourth quarter, exceeding market expectations of $12.37 billion. Investment banking revenue for the fourth quarter was $2.06 billion, a 24% increase year on year, surpassing the estimated $2 billion. Stock sales and trading revenue were $3.45 billion, a 32% increase year on year, surpassing the estimated $3.02 billion. Net interest income was $2.35 billion, a 75% increase year on year, exceeding the estimated $2.11 billion.