Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation concerns took center stage. Most sectors struggled, including financials.
U.S. bank stocks could be poised to deliver solid early-year gains, according to data from Bank of America, as investors ...
Shares of exchange-traded funds that invest in bank stocks were under pressure Friday, as Treasury yields broadly climbed. The SPDR S&P Bank ETF, which tracks an equal-weighted index of banking stocks ...
His decision to step down was fueled, in part, by the fact that a “risk of a dispute over the position” could be a ...
Berkshire Hathaway ( BRK.A -0.09%) ( BRK.B -0.24%) owns about 45 stocks in its $300 billion portfolio, many of which were ...
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel ...
In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Hold rating on Valero Energy (VLO – Research ...
Tax-loss selling opens doors for January opportunities. See why rotating into high-yield non-tech and foreign stocks can ...
The bank sector’s 21.8 per cent total return in 2024 outperformed the S&P/TSX Composite by an infinitesimal 10 basis points.
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
As the Australian market navigates a challenging landscape with the ASX200 down 0.6% and nearly all sectors showing declines, investors are keeping a close eye on economic indicators both locally and ...
European stocks rose on Tuesday as euro-zone inflation data for December increased, supporting the case for gradual rate cuts ...
Sizzling returns well may continue, but our columnist suggests that it would be wise to prepare for the next storm.
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