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Wall Street Awaits Crucial Payrolls Report as First Quarter Earnings Season Continues

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Wall Street,Payrolls Report,First Quarter Earnings Season

Wall Street is expected to end the year positively as traders anticipate next week's important payrolls report. The first quarter earnings season continues this week, with more numbers expected from the crucial U.S. banking sector. Goldman Sachs will be in focus on Monday as the influential investment bank releases its latest results. Investors will be interested in Goldman's net interest income estimates and its response to calls for splitting the CEO and chairman roles.

Investing.com -- Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report.The first quarter earnings season is set to continue this week, with more numbers scheduled from the all-important U.S. banking sector.) got the season off to a lackluster start on Friday, with the three big banks disappointing investors, weighing on Wall Street.

An independent chair"is nearly always preferable to having a single individual lead both the board and the executive team," influential proxy adviser Glass Lewis wrote earlier this month, reiterating a recommendation from last year.U.S. stock futures edged higher Monday, rallying after the selloff at the end of last week, although any gains are likely to be limited by news of escalating tensions in the Middle East.The losses resulted in the DJIA shedding 2.

It also set weaker production targets for 2024, and doubts remain over whether it will continue with plans for a low-cost EV. The investment bank said that plateauing EV demand and more China competition could impact Tesla's near-to-mid-term growth. The announcement from the U.S. that it will not take part in a counter-offensive against Iran, has also limited concerns.

 

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