Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Jamie Dimon Says Two 'Significant Risks' Loom Over the U.S. Economy
Two big risks threaten a “resilient” U.S. economy, JPMorgan Chase CEO Jamie Dimon said ahead of the weekend’s scheduled ...
JPMorgan Traders Notch Record Fourth Quarter on Election Swings
JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the US elections ...
Wall St soars after inflation data, strong bank earnings
Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by ...
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...
Wells Fargo, JPMorgan lead capital flows into bank bonds
Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most capital ...
Heard on the Street: Despite Rally, Inflation Remains Too High for Comfort
Inflation is stuck well above 2%. So why are investors celebrating? At first glance, there was little to cheer in the December inflation data. The Consumer Price Index rose 2.9% from a year earlier, ...