Published On Oct 15, 2024, 6:38 AM
Today, the Dow and S&P 500 futures are holding near record highs as investors eagerly await earnings reports from major Wall Street banks. These bank earnings are pivotal as they can give insights into the financial sector's performance and overall economic conditions, which may influence future market trends.
Positive
With the current market sentiment being bullish and the anticipation surrounding bank earnings, there is potential for upward movement in the financial sector if results are strong. Investors might consider looking into ETFs that focus on financial services or specific bank stocks.
Oct 15, 2024, 6:38 AM
As a fresh wave of earnings rolls in, hopes are for further positive surprises.
Oct 14, 2024, 3:02 PM
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
Oct 14, 2024, 9:35 AM
The next batch of big bank earnings will test the rally and the chances of an economic "soft landing".