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Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland break down today’s market action and outlook with Stuart Kaiser, UBS Head of Equity Derivatives Research. What bank earnings reveal ...
After a slow start to the year, the stock market finally showed signs of life thanks to blowout bank earnings and better-than-expected inflation data. The S&P 500 finished Wednesday up 1.83% ...
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 ...
Earnings: Delta Air Lines JPMorgan , Citigroup , BlackRock , Bank of America , BNY Mellon , Wells Fargo , UnitedHealth Josh Schafer is a reporter for Yahoo Finance.
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.
Wall Street is expecting the financials sector to report year-over-year earnings growth of 8.7%, the fourth-highest growth rate out of all 11 sectors, per FactSet. Strategists believe bank stocks ...
S&P Global Market Intelligence Principal Analyst Nathan Stovall joins Yahoo Finance Live to discuss big bank earnings, the positives of rising interest rates, and the outlook for the economy.
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%.