Goldman Sachs Trading Volume Drops 20.46% to $16.67 Billion Ranking 40th in Market Activity

On May 13, 2025, Goldman Sachs (GS) saw a trading volume of $16.67 billion, a 20.46% decrease from the previous day, ranking 40th in the day's market activity. The stock price rose by 2.11%, marking the fifth consecutive day of gains, with a total increase of 9.91% over the past five days.

Goldman Sachs economists revised down their estimate of the U.S. recession risk to 35% from 45%. This adjustment comes as the U.S. government announced a reduction in tariffs on Chinese imports, effective from May 14, 2025. The new tariff structure includes a flat fee of $100, significantly lowering the previous 120% tariff rate to 54%.

This economic shift has been influenced by various factors, including the recent profitability achievements of companies like Lyft and their expanded share buyback programs. These developments have bolstered investor confidence, contributing to the positive market sentiment.