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Financials make up half of the 38 S&P 500 companies slated to report quarterly results this week. The week’s big economic news will be the consumer price index for June.
In parallel with this earnings optimism, HSBC has withdrawn from the Net-Zero Banking Alliance (NZBA), following exits by several major US banks including JPMorgan, Citi, and Morgan Stanley, as ...
Wall Street braces for weakest earnings season since mid-2023 amidst optimism and trade war concerns
US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America’s report cards justify the optimism priced into equity markets. Expectations ...
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