Published On Sep 10, 2024, 3:23 AM
The stock market experienced a boost in technology-related stocks, overshadowing the gloom surrounding major banks. Despite some challenges affecting the banking sector, the technology market showed resilience, driving market gains.
Positive
Given the positive performance of technology stocks amid banking concerns, investors should look at technology ETFs for potential gains.
Negative
With the banking sector facing challenges, stocks like JPMorgan (JPM) may see a downward trend in the near term due to investor apprehension.
Oct 11, 2024, 11:03 AM
Profits at JPMorgan and Wells Fargo both fell from the year-ago period, but those declines were less than what analysts expected.
Oct 11, 2024, 8:11 AM
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better than had been expected, a sign that the economy remained solid.
Oct 11, 2024, 7:48 AM
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