CNBC Daily Open: Strong earnings, macro conditions propelling stocks up

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribecut rates by 25 basis points

The pullback in stocks on Wednesday was brief, like a marathoner pausing to drink before pounding the road again. The investment banking business was a main source of profit for Morgan Stanley. Supported by the U.S. Federal Reserve beginning its rate-cutting cycle, initial public offerings and mergers and acquisitions are emerging from hibernation, injecting fresh life into Wall Street banks.has jumped more than 6% over the past five trading days. In another sign of the rally broadening, the banking ETF has outstripped the S&P 500's climb of less than 1% during the same period.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

CNBC Daily Open: Strong earnings, macro conditions driving stocks higherWith monetary policy easing, the economy staying strong and inflation cooling, stocks look like they have stamina to keep going higher.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

CNBC Daily Open: Stocks’ choppiness in October can be an opportunityThe see-saw motion of stocks in October isn’t all that bad if investors can seize the right time to enter the market or solidify their positions further.
Fuente: CNBC - 🏆 12. / 72 Leer más »