Wall Street’s so-called fear gauge has dropped this week, as the U.S. stock market appeared relieved that Treasury yields retreated from their recent climb. The Cboe Volatility Index was down 3.5% on Friday afternoon at 16,
Lofty expectations for US corporate profits mean that the flood of earnings reports due in the coming fortnight will play a particularly important role in setting the direction for Wall Street stocks, investors say, after a shaky start to 2025.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in 2025. A further easing would boost the U.S. economy and prices for investments, but it could also give inflation more fuel.
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
The company provided investors with an update ahead of its fireside chat at the ICR Conference, scheduled for Tuesday morning. It will report full results for the quarter in early March.
Wall Street finally has something to celebrate after starting the new year on a dour note. Wednesday’s sharp rally in the U.S. stock market triggered a sudden slide in Wall Street’s “fear gauge,” which was falling more than 11% to trade at 16.
Most Wall Street analysts expect Palantir and Super Micro shares to decline in 2025, and certain analysts recommend selling the stocks. Palantir is a risky investment because of its expensive valuation,
Important earnings season ahead as investors look for positive signs that the US economy can continue to be resilient in 2025
JPMorgan Chase stands head-and-shoulders above the rest of this group of largest U.S. banks by ROAA, while Morgan Stanley runs a pretty close second when its performance is measured by ROTCE. And with such a large balance sheet, it is not a stretch to call JPM the best performer in the U.S. banking industry.
The S&P 500's 2.9% climb this week left it up 2% in January through Friday, according to FactSet data. The Invesco S&P 500 Equal Weight ETF RSP staged a larger 3.9% rally this week, for a year-to-date gain of 2.7%.
Goldman Sachs Group Inc.'s Chief Executive David Solomon said he's "pleased" with the bank's "strong" results after the investment bank handily topped Wall Street estimates for its fourth-quarter profit.