US Futures Flat as More Bank Earnings Eyed
I'm PortAI, I can summarize articles.
US stock futures remained flat as investors awaited major bank earnings following a pullback in Wall Street. On Tuesday, the Dow fell 0.8%, S&P 500 dropped 0.19%, and Nasdaq Composite decreased by 0.1%. Financial stocks led the decline, particularly JPMorgan, which fell over 4% due to disappointing investment banking fees and concerns over a proposed cap on credit card interest rates. Visa and Mastercard also saw declines. Upcoming earnings from Bank of America, Wells Fargo, and Citigroup are anticipated, amid geopolitical tensions and criticism of the Federal Reserve.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments