Stocks rise after strong earnings from Goldman Sachs and Bank of America

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks rose at the open as investors cheered strong quarterly earnings from major banks like Goldman Sachs and Bank of America.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So banks earned money... yay?

Stocks rose Wednesday on positive quarterly earnings from major banks like Goldman Sachs, which posted its best day in 10 years. The Dow closed about 140 points higher, with the S&P gaining .22%.

Hey it 2007 again.

And now we’re back to greed, investors having no fear and trading the market up into overpriced levels again. Do traders and investors never learn. I think funds are replacing stocks sold in December and after this short buying period we’ll be heading down again.

'Investors' also cheered all of the earnings misses yesterday. Can you just start saying computers

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GOLDMAN SACHS: Traders are making huge bets that earnings will be disastrous for these 10 stocksGoldman Sachs has identified 10 landmine stocks that traders should avoid, based on options-trading activity.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman Sachs is worried about these stocks heading into their earnings reportsBased on options prices, Symantec, Mallinckrodt and Cree are among the names that investors are most bearish on ahead of earnings, according to Goldman Sachs. Hey 10 mins gone by without anybody bashing Wilbur Ross.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs is worried about these stocks into their earnings reportsBased on options prices, Symantec, Mallinckrodt and Cree are among the names that investors are most bearish on ahead of earnings, according to Goldman Sachs. LOL SEE? No rush to buy stocks... They will fall
Source: CNBC - 🏆 12. / 72 Read more »

GOLDMAN SACHS: A recent shift is suddenly creating a new set winners in the stock market, and the gains are just getting startedGoldman Sachs had recommended this group of stocks to clients, and now they're rallying.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks end higher, propelled by strong bank earnings as Goldman shares jump
Source: MarketWatch - 🏆 3. / 97 Read more »

Chip stocks fall after Goldman and others warn they've gotten ahead of themselvesSemiconductors fell across the board Friday after Goldman Sachs warned clients that the industry's 2019 rally looks excessive. Yeah about 50% over valued lmao I'm not sure its possible for chipmakers to have gotten ahead of themselves in a world with a 6 month obsolescence rate and new technologies cropping up almost daily. I don't buy it. No matter lowest. ER on February 14 after market. I don't want to kill my valentine day..ha ha
Source: CNBC - 🏆 12. / 72 Read more »

Goldman says the US economy has 'sharply decelerated' but these stocks can still do wellIn the face of a slowing economy, companies with low operating leverage should outperform, according to Goldman Sachs. Hit the fan DogfatherMike Here we go...
Source: CNBC - 🏆 12. / 72 Read more »

Hedge funds were still loading up on certain stocks as the market tanked in late 2018. These are their 9 new favorites.Hedge funds continued to load up on certain stocks as the market plunged in 2018. Goldman Sachs names the stocks they bought.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech Sector Drives U.S. Stocks HigherU.S. stocks rebounded, lifted by technology stocks ahead of the Federal Reserve’s latest interest-rate decision. We go up, we go down. The President told us all to buy the dip December 23rd. Some of us listened, most did not. Dow is 50 away from 25000. It will reach it, test the resistance, probably several times, today or over the next few. If it does blast through strong, get a close over 25k, it's going to keep running up, going for all time high.
Source: WSJ - 🏆 98. / 63 Read more »

You’ll love having these hated stocks in your portfolioDespised stocks frequently outperform the most admired companies’ stocks, writes Mark Hulbert.
Source: MarketWatch - 🏆 3. / 97 Read more »