Investors were optimistic this morning in early trading as stocks ticked upward. The market has been grinding higher to reach new records in recent sessions amid the economic reopening and trillions of dollars in stimulus. The S&P 500 has gained nearly 10% in 2021 with energy and...
First-quarter earnings season officially kicked off this morning with major banks reporting. Wall Street was optimistic before the opening bell as JPMorgan (JPM), Goldman Sachs (GS) and Wells Fargo (WFC) all reported better than expected earnings. Goldman Sachs blew past analyst expectations, reporting record first-quarter net profits and revenues due to strong performance from...
Stocks suddenly slipped this morning after the FDA said its halting use of the Johnson & Johnson’s (JNJ) Covid vaccine after 6 cases of a rare blood issue have been reported. Stocks that stand to be hurt the most if the rapid vaccine rollout slows also fell in early...