US stocks ticked higher on Wednesday as traders awaited high-profile earnings results from Tesla and Netflix and hoped to keep the market's latest winning streak alive.
The Dow Jones Industrial Average closed higher for its seventh straight win on Tuesday, its longest streak of gains since 2021. Markets are still digesting the latest round of bank earnings, with Goldman Sachs shares slipping after the investment bankProfits declined 58% from the last quarter, while revenue slipped 8%, the bank reported Wednesday morning.
Goldman's results were an outlier among big bank earnings reports that have mostly surprised to the upside so far. Both Bank of America and Morgan Stanley reported results that beat estimates on Tuesday.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: Recession fears ease as Big Tech earnings loomUS stocks rally as recession fears ease and investors look to upcoming Big Tech earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market news today: Indexes dip as retail sales miss forecastsUS stocks dip as retail sales miss forecasts while earnings season ramps up
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market news today: Dow extends winning streak to 7 daysDow extends winning streak to 7 days as US stocks jump on strong bank earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »
Stock market outlook: 2nd-half gains to be powered by falling US dollarA weakening US dollar will help power the stock market higher in the 2nd half of the year, Fundstrat says
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: WSJ - 🏆 98. / 63 Read more »