Financial stocks’ bounce, would add about 130 points to the Dow’s price

Financial stocks were pacing the Dow Jones Industrial Average’s DJIA premarket gainers, as tame inflation data helped distract investors from the banking sectors recent troubles. Shares of American Express Co. AXP climbed 3.8% ahead of the open, Goldman Sachs Group Inc. GS gained 3.2% and J.P. Morgan Chase & Co. JPM rallied 2.9%. The implied price gains would add a total of about 130 points to the Dow’s price, while Dow futures YM00 advanced 296 points, or 0.9%.

Financial stocks were pacing the Dow Jones Industrial Average’s DJIA premarket gainers, as tame inflation data helped distract investors from the banking sectors recent troubles. Shares of American Express Co. AXP climbed 3.8% ahead of the open, Goldman Sachs Group Inc. GS gained 3.2% and J.P. Morgan Chase & Co. JPM rallied 2.9%. The implied price gains would add a total of about 130 points to the Dow’s price, while Dow futures YM00 advanced 296 points, or 0.9%.

'Glad to see Wall Street's doing so well - when it rains it pours, eh?'

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Dow futures unsteady as stock-market investors watch efforts to avert SVB-inspired bank crisisU.S. equity markets traded unevenly Sunday afternoon, in the aftermath of the failure of Silicon Valley Bank on Friday, which has cast a pall over the...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Stock Market Today: Dow Futures Rise Ahead of CPI Inflation ReportStock futures edged higher and Treasury yields stabilized as traders awaited inflation data. Follow the latest markets updates.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »