Bank Stocks Have Best Day Since November After Solid Earnings
Follow live coverage of Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock earnings.
Dow, S&P 500, Nasdaq post best day since Nov. 6 on cooling inflation and bank earnings
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Wall St surges after inflation data, strong bank earnings
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.
S&P 500 futures inch higher as traders brace for inflation data and bank earnings
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are adding 0.1%. Nasdaq 100 futures are gaining 0.2%. On Tuesday, the Dow Jones Industrial Average rose 221 points, or 0.52%, to 42,518,
S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index
Key Takeaways The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.Tesla stock surged after reports of strong demand in China for its updated Model Y and upbeat analyst commentary on its AI and robotaxi initiatives.
Futures flat on caution ahead of bank earnings, key inflation data
Futures tracking Wall Street's main indexes were muted on Wednesday as investors awaited a slew of big bank earnings and a crucial inflation report that could influence market direction, especially for U.
S&P 500 Rallies Amid Cooling Inflation and Strong Bank Earnings
The SP 500 surged on Wednesday as easing inflation and robust quarterly results from major banks lifted market sentiment. The Dow Jones gained 1.7%, the SP 500 climbed 1.8%, and the NASDAQ soared 2.5%.
How likely is a Bank of Japan rate hike next week?
The Bank of Japan holds its first policy meeting of the year next week and the outcome will be announced days after the ...
Food bank looks for new home after council eviction
A community food bank with 3,000 registered users has been left "homeless" after the service was asked to vacate a ...
JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait ...
Lloyds Bank to cut hundreds of jobs and shut offices as part of major overhaul
Making changes means not only creating new roles and upskilling colleagues in some parts of the business but also having to ...
Bank Stocks Soar. What Made Earnings So Good.
Investors in bank stocks keep getting rewarded. For now. Big banks reported strong fourth-quarter and full-year financial ...
Here's What Big Bank CEOs Said About the US Economy Today
In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...
Bank of Korea unexpectedly holds policy rate amid won slide
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
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Family of UW grad killed in West Bank calling for answers four months later
On Sept. 6, 2024, 26-year-old University of Washington graduate Ayşenur Eygi was shot and killed during a protest on the West ...