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Big bank stocks could rise by another 21% in a "renaissance" for the sector supported by economic recovery, says Bank of America

Shares of big US banks could rise by another 21% on the back of a US economy that's "fast gaining steam," says Bank of America. boonchai wedmakawand/Getty Images Bank of America has increased its pr.....»»

Category: smallbizSource: nytMar 23rd, 2021

Market Snapshot: Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eke out a record gain,.....»»

Category: topSource: marketwatchFeb 16th, 2021

Europe Markets: European stocks struggle amid earnings deluge, but banks and oil companies rise

European stocks struggled for traction on Wednesday, on a busy day for earnings that overall reflected the deep difficulties facing companies amid the coronavirus outbreak......»»

Category: topSource: marketwatchApr 29th, 2020

Stocks rise on hope of economy reopening

U.S. stocks extended gains Tuesday as governments inched toward letting businesses reopen and central banks stepped in with more support for ailing .....»»

Category: topSource: usatodayApr 28th, 2020

Europe Markets: European stocks trade higher after a week of spending by global central banks and governments to combat coronavirus

European stocks rise Friday, as investors appear willing, for now, to put their faith in vast stimulus moves from central banks and governments to shore up economies against the fast-spreading coronavirus pandemic......»»

Category: topSource: marketwatchMar 20th, 2020

NewsWatch: Stocks rise in choppy trade as governments, central banks try to calm investor nerves

U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»

Category: topSource: marketwatchMar 19th, 2020

Market Snapshot: Stocks rise in choppy trade as governments, central banks try to calm investor nerves

U.S. stocks turned higher midday Thursday in seesaw price action as investors digested the latest economic data showing the impact of the coronavirus pandemic as well as moves by government and central banks to alleviate the crisis......»»

Category: topSource: marketwatchMar 19th, 2020

Europe Markets: European stocks and U.S. stock futures rise on rate-cut hopes

European stocks snapped back on Monday, rallying on hopes that central banks across the world will deliver interest-rate cuts......»»

Category: topSource: marketwatchMar 2nd, 2020

REIT stocks rise, boosted by the drop in 30-year Treasury yields to record low

Shares of real estate investment trusts (REITs) were broadly higher Friday, as the relatively high-yielding sector was benefiting from a tumble in Treasury yields. The SPDR Real Estate Select Sector ETF rose 0.4% to be the best performer among the .....»»

Category: topSource: marketwatchFeb 21st, 2020

Europe Markets: Irish banks slump after election as European stocks slip

Shares in Irish banks slumped on Monday after a surprisingly strong showing for the Sinn Féin party in the country’s general election, as European stocks drifted lower more broadly......»»

Category: topSource: marketwatchFeb 10th, 2020

Why Bank of America expects the hot European pharmaceuticals sector to stumble — and it’s not a fear of U.S. drug prices

Bank of America expects European stocks broadly to rise this year, but its key underweight call is the pharmaceutical sector, and the recommendation has nothing to do with talk of reining in U.S. drug prices......»»

Category: topSource: marketwatchJan 8th, 2020

S&P 500 logs first finish above 3000 in a month as stocks broadly rise; Dow"s gain capped by Boeing

U.S. stock indexes finished mostly higher Monday but the Dow's ascent was capped by a sharp decline in shares of component Boeing Co. The Dow Jones Industrial Average closed up 57 points, or 0.2%, at 26,828, with gain.....»»

Category: topSource: marketwatchOct 21st, 2019

Market Snapshot: Stocks rise as banks kick off U.S. earnings season

Stock-index futures point to a slightly higher start for Wall Street Tuesday as the corporate earnings reporting season gets fully under way and investors weigh the implications of a partial U.S.-China trade deal......»»

Category: topSource: marketwatchOct 15th, 2019

NewsWatch: Stocks drift higher despite Trump impeachment bid, China trade deal concerns

U.S. stock-market benchmarks late-morning Wednesday were trading near session highs, with banks, consumer-staples, and discretionary stocks helping to power a rise......»»

Category: topSource: marketwatchSep 25th, 2019

Market Snapshot: Stocks drift higher despite Trump impeachment bid, China trade deal concerns

U.S. stock-market benchmarks late-morning Wednesday were trading near session highs, with banks, consumer-staples, and discretionary stocks helping to power a rise......»»

Category: topSource: marketwatchSep 25th, 2019

Asian stocks rise on hopes for U.S.-China trade, monetary stimulus

Asian stocks rose on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks......»»

Category: topSource: reutersSep 11th, 2019

Asia stocks rise as stimulus, policy hopes calm nervous investors

Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors' fears of a sharp global economic slump......»»

Category: topSource: reutersAug 18th, 2019

Stocks slide as market seesaws amid trade worries

Banks and retailers pushed the market broadly lower in morning trading on Wall Street Wednesday......»»

Category: topSource: foxnewsMay 22nd, 2019

Stocks rise broadly, led by healthcare companies

Healthcare companies led stocks broadly higher Tu.....»»

Category: topSource: latimesApr 16th, 2019

Greenback Gains But Banks, Bitcoin, Bullion, & Bond Yields Slide

As Stocks rise, Volumes slide... Trade appropr.....»»

Category: blogSource: zerohedgeApr 15th, 2019