Wall Street's Record-Breaking Quarter

Wall Street's biggest stock traders have just reported their best quarter ever, a feat achieved even before the recent escalation in US President Donald Trump's trade war sent stock and bond markets into further turmoil.

Banking Giants Surpass Expectations

Goldman Sachs, JPMorgan Chase, and Morgan Stanley have all hit significant milestones, with Goldman Sachs reporting its highest-ever quarter for equity trading. Following suit, Bank of America and Citigroup have also exceeded Wall Street's first-quarter profit estimates, thanks to their traders' ability to capitalize on the volatile markets.

A Windfall from Volatility

The top executives of these banking giants anticipate the current market volatility to continue benefiting their trading businesses, at least in the near term, as markets remain on edge.

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