US stocks climbed on Tuesday on strong bank earnings and as investors get ready for another wave of big reports to come on Wednesday.
Retail sales and industrial production fell short of estimates to start the day on Tuesday. Retail rose by 0.2% in June, where estimates expected a 0.5% climb. At the same time, the Federal Reserve's measure ofdeclined for a second month, dropping by 0.5%. Manufacturing output dropped 0.3%, the sharpest decline in three months.
But weaker macro data was offset by an upside earnings surprise from Bank of America and Morgan Stanley, the latter of which beat estimates on record revenue in its wealth management unit.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market today: Dow extends gains as banks shine, Microsoft hits record high By Investing.com⚠️BREAKING: *U.S. STOCKS SOAR AMID UPBEAT BANK EARNINGS, S&P 500, NASDAQ END AT 15-MONTH HIGHS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »
As the Dow hits 2023 high, one of the oldest stock-market forecasting tools is making a comebackOne of the oldest methods used to anticipate where the U.S. stock market might be heading is making a comeback in 2023 as the Dow Jones Industrial Average...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »
U.S. stocks finish higher as Dow industrials book longest winning streak since March 2021 after better-than-expected corporate earningsU.S. stock indexes ended higher on Tuesday after quarterly earnings from major banks bolstered bank stocks. The Dow Jones Industrial Average advanced 366 points, or 1.1%, to end at 34,951, its highest closing level in 15 months:
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »
State Street stock dips as KBW downgrades financial firm to market perform on rockier outlookState Street Corp. stock was down 2% in premarket trade on Monday as KBW downgraded the trust bank to market perform from outperform and cut its price target...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »
'Rich Dad Poor Dad' Author Expects Stock Market to Collapse, Sees Depression Coming.theRealKiyosaki predicts a severe stockmarket crash is coming. USnationaldebt Bitcoin $BTC
Fonte: Utoday_en - 🏆 295. / 63 Leggi di più »