Equities Lifted After Bank Beats and Powell Comments
Markets rally on earnings strength and dovish Fed tone.
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6h agoEquities Lifted After Bank Beats and Powell Comments
U.S. stocks rebounded, with the Dow and S&P rising, as strong quarterly results from major banks and Powell’s dovish signals bolstered confidence. Investors digested Powell’s hint at ending QT and his tempered view on job data. Banking names led the gains. The S&P banking index jumped while tech lagged. Markets appear comfortable pricing in further easing.
positive
6h agoEquities Lifted After Bank Beats and Powell Comments
U.S. stocks rebounded, with the Dow and S&P rising, as strong quarterly results from major banks and Powell’s dovish signals bolstered confidence. Investors digested Powell’s hint at ending QT and his tempered view on job data. Banking names led the gains. The S&P banking index jumped while tech lagged. Markets appear comfortable pricing in further easing.
positive
Equities Lifted After Bank Beats and Powell Comments
about 7 hours ago
1 min read
56 words
Markets rally on earnings strength and dovish Fed tone.
U.S. stocks rebounded, with the Dow and S&P rising, as strong quarterly results from major banks and Powell’s dovish signals bolstered confidence. Investors digested Powell’s hint at ending QT and his tempered view on job data. Banking names led the gains. The S&P banking index jumped while tech lagged. Markets appear comfortable pricing in further easing.
U.S. stocks rebounded, with the Dow and S&P rising, as strong quarterly results from major banks and Powell’s dovish signals bolstered confidence. Investors digested Powell’s hint at ending QT and his tempered view on job data. Banking names led the gains. The S&P banking index jumped while tech lagged. Markets appear comfortable pricing in further easing.
Companies:
Wells Fargo
Citigroup
JPMorgan
+1 more
Tags:
markets
economy
markets
economy
policy
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