The S&P 500 and the Dow retreated from their records on Thursday, as an inflation report weighed on stocks. Here’s what CNBC is watching going into Friday.
Schlagwort-Archiv: Markets
Jamie Dimon says geopolitical risks are surging: ‚Conditions are treacherous and getting worse‘
JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East.
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett’s Berkshire Hathaway cut its stake in Bank of America below an important level.
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada’s Alimentation Couche-Tard.