Goldman Sachs Stock Hits All-Time High. The Winning Streak Continues.

Shares of investment bank Goldman Sachs hit an all-time high Friday as the stock built on its longest winning streak in two years and broader U.S. markets traded near records—a sign of investor optimism for a pickup in big-ticket deals and public offerings. Investors have been rewarding Goldman this spring. The investment bank is nearing the end of a failed experiment in offering customers consumer-banking products and posted a strong start to the year for its bread-and-butter businesses: trading and advising companies on big transactions like acquisitions.