Tag: Breaking News: Markets
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Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
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Bank of America is set to report third-quarter earnings – here’s what the Street expects
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
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Scott Bessent’s growth plans aren’t enough to tame surging deficit and debt pile, IMF chief says
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.
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Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
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U.S. Treasury yields inch lower as investors await key inflation report
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week.
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ASML says it’s getting order interest through 2030 as profit smashes expectations
ASML said some customers are “expressing an interest” in placing orders with the company in 2029 and 2030, giving investors a view into longer-term demand.
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Stock futures are little changed as traders await consumer inflation report: Live updates
A slide in chip stocks and mixed bank results on Tuesday weighed on the major averages.
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Mastercard is up 8 days in a row. The charts indicate the run isn’t over
Mastercard shares have been on a tear. The stock is up eight days in a row and is just now ticking to an all-time high.
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We’re upgrading our rating on Wells Fargo as the stock’s pullback offers a nice entry point
Wells Fargo’s third-quarter results were not perfect, but CEO Charlie Scharf’s turnaround should bear more fruit ahead.
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Williams says Fed may not have to hike rates in 2027, at odds with traders
New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.
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