S&P 500 futures drift as Goldman Sachs and Bank of America earnings awaited

U.S. stock futures show Wall Street holding most of the rally from the start of the week as investors display less anxiety about geopolitical risk while anticipating a supportive third quarter earnings season.

After results from JPMorgan Chase JPM, -0.10%, Citigroup C, -1.16% and Wells Fargo WFC, +1.68% were mostly well-received by traders on Friday, it is the turn of their peers Goldman Sachs GS, +1.65%, Bank of America BAC, +0.86% and BNY Mellon BK, +1.60% to release numbers before Tuesday’s opening bell on Wall Street.

About 10% of the S&P 500 is due to report this week, and the majority of those who have already done so have beaten expectations on both earnings and revenues, according to Richard Hunter, head of markets at Interactive Investor. “The recent risk-off sentiment that had cast a shadow over the markets seems to be easing, partly due to extensive shuttle diplomacy by the White House and other regional actors,” said Stephen Innes, managing partner at SPI asset Management.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

S&P 500 Forecast: Earnings season revs up as Netflix, Tesla, Goldman Sachs and Bank of America reportThe S&P 500 index gained 0.45% last week despite a severe sell-off on Thursday and Friday, which cut its performance in half. A spike in oil prices an
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »

Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Goldman Sachs Wants Out of the Apple Card Business, Report ClaimsThe Wall Street giant is expected to disappoint in Tuesday's third-quarter earnings, with the Apple partnership facing intense scrutiny.
مصدر: Gizmodo - 🏆 556. / 51 اقرأ أكثر »

How Goldman Sachs Fumbled Its Consumer BusinessWhen Goldman Sachs entered the credit card space in 2019, many consumer banks were concerned that a new competitor had emerged. But just four years later, the firm is pulling back. We explain why. Photos: Reuters
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »