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Goldman Sachs Group's stock trading desk has received numerous calls from investors trying to understand how deep Thursday's tech sell-off will go. However, there are simply no real buyers on the market. Goldman Sachs's stock trading desk experienced one of the busiest trading days of the year on Wednesday, according to John Vlad, head of the bank's American Equities Executive Services in a report to clients on Thursday. “But today, quite the opposite,” he wrote, “our calls are about to be bombarded because customers seek market interpretation. Unfortunately, we haven't seen much buying.”
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Goldman Sachs Group's stock trading desk has received numerous calls from investors trying to understand how deep Thursday's tech sell-off will go. However, there are simply no real buyers on the market. Goldman Sachs's stock trading desk experienced one of the busiest trading days of the year on Wednesday, according to John Vlad, head of the bank's American Equities Executive Services in a report to clients on Thursday. “But today, quite the opposite,” he wrote, “our calls are about to be bombarded because customers seek market interpretation. Unfortunately, we haven't seen much buying.”
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