Tag: trading

April 16, 2021

Morgan Stanley reported Friday that first-quarter profit and revenue beat expectations on stronger-than-expected trading and investment banking results. The bank posted profit of $4.1 billion, or $2.19 a share, more than double the $1.7 billion earnings of the year-earlier period. […]

April 15, 2021

Bank of America reported Thursday profit that topped Wall Street estimates on booming investment banking and trading results, as well as the release of loan-loss reserves as fewer consumers were expected to default on debts. The bank posted a first-quarter […]

April 14, 2021

After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 2.75 points. […]

April 14, 2021

Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed […]

April 6, 2021

TOKYO — Asian shares were mixed Wednesday after Wall Street took a breather, with major indexes edging lower. Japan’s benchmark Nikkei fell 0.5% to 29,544.93 and the Shanghai Composite index sank 0.7% to 3,459.25. Australia’s S&P/ASX 200 gained 0.3% to […]

April 5, 2021

Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans […]

April 2, 2021

Stock futures extended gains and Treasury yields rose Friday after a larger-than-expected addition of 916,000 US jobs in March underscored expectations the world’s largest economy continues to recover from the COVID-19 crisis. The moves in futures and government bonds took […]

March 31, 2021

Asian shares were mixed Wednesday as pointed to a strong economic recovery in China but worries lingered about the coronavirus pandemic. Japan’s benchmark Nikkei 225 dipped 0.8% in morning trading to 29,200.21. Australia’s S&P/ASX 200 added 1.5% to 6,841.60. South […]

March 26, 2021

After turning higher over the course of the previous session, stocks may move in opposite directions in early trading on Friday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures up […]

March 17, 2021

With the Federal Reserve’s monetary policy announcement looming, stocks have moved mostly lower in morning trading on Wednesday. The tech-heavy Nasdaq has shown a notable move to the downside after ending the previous session slightly higher. Currently, the major averages […]