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The kickoff to earnings season has been a mostly positive one with several banks and other companies beating street expectations including JPMorgan Chase ($3.57 vs street $3.08), Bank of America ($0.85 vs street $0.77), Wells Fargo ($0.67 vs street $0.60),
Coming off of a mixed Tuesday that saw the Dow Industrials gain 0.7% and the NASDAQ lose 1.2%, US index futures are off to a positive start today with Dow futures up 0.7% and NASDAQ futures up 1.2%. European markets
Although yesterday morning’s rebound attempt ended in tears with early gains being erased by a bearish surge that drove the Dow, S&P 500 and NASDAQ to daily losses of 1.0%-1.1%, bulls and bargain hunters are at is again this morning,
Managements in two key sectors of the US economy sent positive signals about their financial position and business prospects overnight. With the stage having been set last week for capital returns in the financial sector by last week’s positive stress
US index futures are mixed this morning with Dow futures down 0.3% and NASDAQ futures up 0.1%. The main corporate event in the US today is the news that the FDA has recommended a pause in using the Johnson &
With several Asia Pacific markets closed today for the Lunar New Year holiday and a long weekend approaching in North America, trading for the most part has been relatively quiet overnight and into this morning. US index futures are down
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