Goldman Sachs shares fall 5% despite 19% YoY earnings growth amid Wall Street gloom

Shares of Goldman Sachs Group Inc fell nearly 5% to hit a low of $865.34 on the NYSE amid lackluster trade on Wall Street as frontline indices fell after Iran-US negotiations in Pakistan did not yield desired results. The stock fell despite the company reporting decent Q1 earnings on Monday.The company reported a net revenue of $17.23 billion in the January-March quarter, recording a 14% year-on-year growth compared to $15.06 billion in the year ago period. The net revenue shot up 28% sequential...