Stock market today: Dow, S&P 500 futures hold near record highs in wait for Wall Street bank earnings
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.
Stock Forecasts
XLF
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.
Related News
Stock market today: Dow, S&P 500 futures hold near records in countdown to Wall Street bank earnings
Oct 15, 2024, 6:38 AM
As a fresh wave of earnings rolls in, hopes are for further positive surprises.
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
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.
Stock market today: S&P 500 holds near record, Dow slips with big bank earnings in focus
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".