Thursday, October 14, 2021

Stocks soar as America's biggest banks are booming

Several of America's largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Stocks soar as America's biggest banks are booming
Several of America's largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings. Read more »
 
Biden alone can't end the supply chain crisis
The Biden administration is making a concerted effort to ease the extreme stress on supply chains that is causing sticker shock, leaving store shelves empty and creating lengthy shipping delays. Read more »
 
The 'swear word' at the heart of the great inflation debate
Inflation is high. It could stay that way. Read more »
 
Wells Fargo profit soars nearly 60%
Wells Fargo's third-quarter earnings were up 59% after it freed up money it had set aside to cover loan losses. Read more »
 
Investors want clarity. They might not like what they see
US stocks have stumbled lower in recent weeks as investors try to assess the threat posed by snarled supply chains, a global energy crisis and rising inflation that could prompt central banks to pull back stimulus. Read more »
 
Home heating costs will rise sharply this winter, federal government forecasts
Americans should expect to shell out more money to heat their homes this year — especially if it's a very cold winter. Read more »
 
 
 
 
Dow Nasdaq S&P
+534.75   +251.79   +74.46
34,912.56   14,823.43   4,438.26
+1.56%   +1.73%   +1.71%
YTD +14.07%   YTD +15.01%   YTD +18.16%
 
Biggest Winners
Carrier Global Corp +4.49%
 
Bank of America Corp +4.47%
 
Everest Re Group Ltd +4.39%
 
Fidelity National Information Services Inc +4.20%
Biggest Losers
US Bancorp -2.25%
 
Boeing Co -1.96%
 
Wells Fargo & Co -1.61%
 
Howmet Aerospace Inc -1.47%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $81.50 +1.06 / +1.32%
Gold $1,797.30 +2.60 / +0.14%
10-yr 1.52% -0.03
Euro $1.16 -0.00 / -0.00%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2021 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...