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Earnings Results: Goldman Sachs, Bank of America earnings shrink but offer some bright spots

Goldman Sachs Group Inc. and Bank of America Corp. shares rose Monday on stronger-than-expected second-quarter results, while Bank of America Corp. shares fell back on an earnings miss.

The two megabanks marked the last two of the six megabanks reporting lower profit amid stark changes in financial markets, which swung to the current bear market from a bull market a year ago.

Citigroup…

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