Goldman Sachs CEO David Solomon said he was surprised by what he characterized as a "benign" market reaction to escalating tensions involving Iran, according to remarks he made during an appearance in Sydney on Wednesday.

Speaking to attendees, Solomon acknowledged that U.S. stock markets have experienced volatility but noted that investors have not exhibited signs of panic despite the geopolitical developments. His comments came as financial markets continue to monitor the situation in the Middle East.

The Goldman Sachs chief executive's observations reflect broader Wall Street attention to how geopolitical events impact investor sentiment and market stability. Financial leaders often provide commentary on market conditions during public appearances and investor meetings.

Solomon's remarks were made during what appeared to be a broader discussion of market conditions and economic factors affecting the financial sector. Goldman Sachs, as one of the world's largest investment banks, closely tracks global events that could influence trading and investment flows.