A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016.   REUTERS/David Gray/File Photo

A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo (Copyright Reuters 2016)

Goldman shares hit highest level since financial crisis in post-election rally

Markets Reuters

Shares of Goldman Sachs Group Inc on Wednesday climbed to their highest levels since the financial crisis, as the bank benefited from a post U.S. presidential election rally.

Continue Reading Below

The stock reached $220.77 in late morning trading, returning to a point not seen since December 2007.

Goldman was the biggest driver for the Dow Jones Industrial Average adding 56.2 points out of a net gain of 66.6 points for the index.

(Reporting by Olivia Oran and Sinead Carew in New York, Editing by Franklin Paul)