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US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged by more than 700 points, or 1.74%, the S&P 500 rose ...
Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77.
The Dow Jones Industrial Average sank almost 2.5%, driven by a slump in bank stocks on Friday as quarterly earnings reports failed to impress investors. More updates on the state of corporate ...
Earnings: Delta Air Lines JPMorgan , Citigroup , BlackRock , Bank of America , BNY Mellon , Wells Fargo , UnitedHealth Josh Schafer is a reporter for Yahoo Finance.
Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025. The stocks of the biggest US ...
Stock market news live updates: S&P 500, Nasdaq fall to four-week low as investors weigh bank earnings, inflation data Alexandra Semenova April 14, 2022 at 4:04 PM
The bank's stock climbed 2%. M&T Bank's profit plummeted 37% due to higher deposit costs and the special assessment fee, while asset and wealth manager Northern Trust's profit fell 27%.
Bank earnings On the earnings front, investors will see a pick-up in releases of quarterly results with some of the largest U.S. banks commencing a new corporate reporting season.