Goldman's aura grows with market calls


By Herbert Lash NEW YORK, June 26 (Reuters) - Goldman Sachs, respected and feared on Wall Street for its investment savvy, displayed its sway over markets on Thursday when it almost single-handedly pushed U.S. blue chips to within a whisker of a bear market. In a barrage of downbeat research notes issued before U.S. stocks opened, Goldman urged investors to dump bank and car stocks. Its call on General Motors sank shares of the American automotive icon to lows last seen in 1955. ...

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