S&P 500 Makes Weekly Gains As Inflation Cools: What’s Next For The Market?
The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower.
10 Financials Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Wells Fargo Beats On Q4 Earnings, But Profits Sink
Wells Fargo & Co (NYSE:WFC) reported a Q4 net income of $2.85 billion, down 53% Y/Y and 20% sequentially, driven…
Big Banks Kick Off Q4 Earnings Season: Why JPMorgan’s Results Suggest Mild 2023 Recession Is The Base Case
Rising interest rates, weak consumer spending, and inflation reaching a four-decade high have all contributed to a tough outlook for the American economy in recent months.
Wells Fargo Q4 EPS $0.67 Beats $0.66 Estimate, Sales $19.66B Miss $19.98B Estimate
Wells Fargo (NYSE:WFC) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.66 by 1.52 percent. This is a 51.45 percent decrease over earnings of $1.38 per share from the same
Nasdaq, S&P Futures Narrowly Mixed As New-Found Optimism Tempers Ahead Of Big Bank Earnings, Consumer Sentiment Data
US stocks look set to start Friday’s session on a nervous note as the recent gains introduce caution amid traders. The trading direction could also hinge on the earnings reports from big banks and the results of the University of Michigan's consumer sentiment survey.
Earnings Scheduled For January 13, 2023
Companies Reporting Before The Bell
• Citigroup (NYSE:C) is expected to report quarterly earnings at $1.14 per share on revenue of $17.90 billion.
Bank of America, JPMorgan And 3 Stocks To Watch Heading Into Friday
With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Fear & Greed Index Moves To ‘Greed’ Zone Following Inflation Report
The CNN Money Fear and Greed index moved to the "Greed" zone following the release of US inflation data.
US stocks closed higher on Thursday after consumer price data showed inflation cooling in December, increasing prospects that the US Federal Reserve might slow interest rate increases.