US stocks extend rally as bank earnings top estimates | The Malaysian Insight

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US stocks extend rally as bank earnings top estimates

Shares of Morgan Stanley, Bank of America and Charles Schwab surge after their results topped estimates, on Tuesday. – EPA pic, July 19, 2023.

GLOBAL stocks mostly rose yesterday, with the Dow index in New York lodging its seventh straight gain, as solid banking earnings helped extend a market rally. Shares of Morgan Stanley, Bank of America and Charles Schwab all surged after their results topped estimates. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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