News Formal

Stocks slip lower, JPMorgan, UnitedHealth, Wells Fargo earnings in focus, Oil surges

  • 📰 startelegram
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Stocks lower, JPMorgan, UnitedHealth, Wells Fargo, Oil surge

Renewed inflation concerns, surging oil prices and the start of the third quarter earnings season have stocks in the red in early Friday trading.Solid consumer banking profits are likely to offset a slump in dealmaking fees and boost overall third quarter earnings for the country's biggest lender.Wells Fargo earnings to highlight consumer lending, commercial real estate

Wells Fargo earnings are likely to focus on the costs tied to refilling the FDIC's insurance fund, as well as its exposure to commercial real estate and consumer lending.With Israel preparing for a ground assault on Gaza, and Iran warning of consequences and support for its Palestinian allies, global oil prices are back on march ahead of a volatile weekend in the Gulf region.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 248. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a ClueJPMorgan, Wells Fargo and Citigroup are set to kick off third-quarter bank results Friday
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: JPMorgan, Wells Fargo Earnings OutOil prices rally, boosting energy companies
Source: WSJ - 🏆 98. / 63 Read more »

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Source: nbcchicago - 🏆 545. / 51 Read more »

JPMorgan, Wells Fargo, Activision, Dollar General, Smart Global, and More Market MoversJPMorgan Chase, Wells Fargo, and Citigroup are scheduled to report quarterly earnings Friday, Microsoft's $75 billion acquisition of Activision Blizzard is...
Source: MarketWatch - 🏆 3. / 97 Read more »