Goldman Sachs made a staggering $200 million in one day as markets plunged

Goldman Sachs made $200 million in profit on a single day this February as calm in stock markets was shattered with a historic surge in volatility, according to people with knowledge of the move. That's on par with what the firm's derivatives unit typically makes in an entire year, said the people.

DJIA 24,885.29 +0.20% +50.88 S&P 500 2,733.19 +0.32% +8.75 NASDAQ 7,425.96 +0.64% +47.50 MOST ACTIVE DOW NAME LAST CHG % CHG GE 14.18 -1.11 -7.26% MSFT 98.66 +1.16 1.19% INTC 55.21 +0.76 1.40% S&P 500 NAME LAST CHG % CHG GE 14.18 -1.11 -7.26% BAC 30.44 -0.45 -1.46% MU 59.97 +0.94 1.59% NASDAQ NAME LAST CHG % CHG MU 59.97 +0.94 1.59% CMCSA 31.88 -0.63 -1.94% MSFT 98.66 +1.16 1.19% Quotes as of 5/23/2018 4:07:29 PM ET TOP NEWS Goldman Sachs made a staggering $200 million in one day as markets plunged Comcast is in the advanced stages of preparing a 'superior' all-cash bid for Fox assets Fed indicates it will let inflation run above 2 percent goal for 'temporary period' Trump throws more cold water on China trade deal, saying current framework 'too hard to get done' Apple is missing out on billions of dollars by skirting the hottest trend in software Former FBI Director James Comey attacks Republicans, defends alleged use of Trump campaign informant Four of the EU's harshest hits against Facebook CEO Mark Zuckerberg Big Food's exodus of leaders is a symptom of larger crisis Google is making a dent in the Amazon Echo's dominance, and may even be winning Bill Ackman's Pershing Square builds roughly $1 billion stake in Lowe's Here are 5 favorite stock ideas from UBS — including Citigroup Continental Resources CEO Harold Hamm on rising oil prices, horizontal drilling TOP VIDEO Lyft: Owning a car won't make sense by 2025. Here's why John Zimmer, Lyft co-founder, explains why the car-sharing company is not backing away from self-driving technology amid anticipation of growing demand. SPECIAL REPORTS Brothel ban question divides residents in Nevada county Federal student loans are about to get pricier. What you should know Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2018 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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