Wall St climbs as investors assess bank earnings; Dow eyes 8th day of gains By Reuters

- Wall Street rose on Wednesday, as investors looked past weak second-quarter earnings from Goldman Sachs , while taking comfort from strong profits of some of the smaller players in the sector.

Goldman Sachs added 1.6%, even after reporting a bigger-than-expected drop in quarterly profit on the back of a retreat from the Wall Street behemoth's consumer businesses and declining investment values. Big U.S. lenders rallied on Tuesday after they said higher interest rates had helped boost profits in the second quarter.

"Big banks have certainly set a positive tone for the start of Q2 reporting season," said Mike Loewengart, head of model portfolio construction at

Business Business Latest News, Business Business Headlines

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

Wall St kicks off week higher as investors await more earnings By Reuters⚠️BREAKING: *U.S. STOCKS EDGE HIGHER TO START THE WEEK AS INVESTORS AWAIT MORE EARNINGS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Wall St ends higher with earnings poised to ramp up By Reuters*WALL ST ENDS HIGHER WITH EARNINGS POISED TO RAMP UP; S&P 500 CLOSES AT NEW 52-WEEK HIGH $DIA $SPY $QQQ 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Futures inch up as Wall St prepares for more earnings By Reuters⚠️BREAKING: *U.S. STOCK FUTURES INCH UP TO FRESH 2023 HIGHS AS WALL ST. PREPARES FOR MORE EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »