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Tag Archives: Street

Wall Street falls as a banking stock that weighs Syria's conflict

NEW YORK (Reuters) – Financials declined on Wall Street on Friday as the big banks' results were unenthusiastic and fears of another conflict in Syria continued to unsettle investors. The S & P bank index fell 2.6 percent and the broader S & P financial index lost 1.6 percent, the highest of the 11 major S & P sectors. JPMorgan …

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Wall Street eye profit stabilization wobble after FAANG shares

(Reuters) – Wall Street hopes that Q1 earnings growth and corporate projections will be strong enough to bring FAANG Group shares back to the forefront, as well as concerns about the recent sell-off in the flying group. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, USA, April 10, 2018. REUTERS / …

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Wall Street falls as JPMorgan brings bank stocks down

(Reuters) – Wall Street's major indexes fell on Friday morning, erasing all profits from the opening bell as JPMorgan posted a sharp turnaround in financials. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, USA, April 10, 2018. REUTERS / Brendan McDermid / File Photo JPMorgan lost 1.7 percent after its earnings missed the …

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Stocks rise as bank profits surpass Wall Street expectations

Drew Angerer | Getty Images News | Getty Images Dealers and financial professionals work in front of the opening bell on the floor of the New York Stock Exchange (NYSE). "In the nearly 25 years of generating yield data, we have never measured so much growth in this late-period cycle," said Raich. "The Tax Cuts and Jobs Act is a …

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Wall Street profits from optimism and is dwindling in Syria

NEW YORK (Reuters) – US equities rallied on Thursday as investors prepared for a strong earnings season and US President Donald Trump's suggestion that a military strike on Syria was not imminent weakened geopolitical concerns. The S & P 500 has now recovered almost all of its losses earlier this year. Trump said in a tweet on Thursday that a …

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Wall Street Higher on Earnings Optimism, Syria Worries Ebb

Analysts expect quarterly profit for S & P 500 companies to rise 18.5 percent from a year ago, the biggest gain in seven years, according to Thomson Reuters I / B / E / S. At 11:20 a.m. ET, the Dow Jones Industrial Average was up 315.29 points, or 1.3 percent, at 24,504.74. The S & P 500 rose 26.45 …

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Wall Street rises, but Pares wins late after report from the FBI Raid

NEW YORK (Reuters) – Wall Street's key indexes rallied on Monday as weaker US policymakers' stance on Chinese tariffs eased off last week's sell-off, while stocks delayed much of their gains The Federal Bureau of Investigation raided the office of President Donald Trump's lawyer. Technology and Healthcare scores led the major sectors of the S & P 500. Merck & …

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