As the third-quarter results were released yesterday earnings and revenue beat expectations resulting in the share price breaking to make new all-time high levels, net interest income, as well as pre-tax profits, are both above pre-Covid levels showing substantial progress being made. Read more.
Tags : us indices
The bank is set to announce earnings for the previous quarter during the pre-market tomorrow (13 October), with the second quarterly report beating expectations for revenue and earnings. If the bank does exceed the consensus expectations, there may be a more significant upside. Read more.
Following a strong selloff during the start of the week, US Indices consolidated for a major part of the day as no significant movements were made, with US Treasury Secretary Janet Yellen set to testify to the House of Representatives today with regards to the Coronavirus and Cares Act. The Fed is set to announce tapering in next month’s FOMC meeting. Read more.
The markets were positive yesterday for the first time in the last 2 weeks in the lead-up to tomorrows FOMC announcement, US indices recovered but still has a fair amount of ground to make up to get back to this month’s open. Read more.
The markets managed to close the week out positively, as we saw the Nasdaq, Dow and S&P all close the day higher, recovering a substantial amount of the week’s selloff. Investors remain vigilant in the bull market as vaccination rates continue to increase despite the Delta variant risk. The European markets followed suit as the US Indices dragged the Dax and FTSE higher. Read more.