Donald Trump’s election victory was welcomed happily by Wall Street, with all three major benchmarks hitting record highs on Wednesday.
Read More Wall Street Soars To New Records Following Donald Trump’s Historic Election VictoryTag: JPMorgan Chase
S&P 500, Dow rise on boost from big bank earnings
The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.
Read More S&P 500, Dow rise on boost from big bank earningsS&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focusWall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials dragBig US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payoutsMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows