Wells Fargo reports much higher profits, but finishes down 0.3% on Friday. – EPA pic, July 15, 2023.
WALL Street stocks finished a winning week yesterday on a subdued note, with both the S&P 500 and Nasdaq edging lower despite solid earnings from large banks. After ending higher for four straight days in the wake of cooling US inflation numbers, yesterday’s mixed session “should be expected,” said Adam Sarhan of 50 Park Investments.
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