Stocks were looking to add to yesterday’s gains this morning in early trading. All sectors closed green yesterday, with the S&P 500 stacking on more than 1.7% during its most productive day since March. A solid start to Q3 earnings season boosted sentiment along with better than...
This morning, Wall Street sentiment was optimistic, with big banks Bank of America, Morgan Stanley, and Wells Fargo reporting better than expected Q3 earnings before the bell. Share price rose for the three banking giants in pre-market trading.
Stocks tied to the economic recovery...
While most industries suffered severely due to the pandemic, the fintech space has thrived. And thanks to the spread of the hyper-contagious variant, rising infection rates in several countries could spur demand for fintech solutions for the foreseeable future. Beyond that, in a post-pandemic world, the adoption...
Stocks edged higher this morning as the market attempted to buck the recent downward trend. The week started on a low note yesterday, with 9 of the 11 S&P sectors suffering losses for the day. Real Estate and Materials were the only sectors to finish green,...
Investor sentiment was low this morning after Goldman Sachs lowered its U.S. growth forecasts, citing a delayed recovery in consumer spending and the expiration of Fed support. The firm revised its growth estimate for 2021 from 5.7% to 5.6% and for 2022 from 4.4% to 4%.