Bank of America’s results hinge on interest rates and their impact on net interest income.
China’s slowing economy is still waiting for promised government support to kick in.
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
Hundreds of users have flagged difficulties accessing their accounts, a problem the bank has acknowledged.
These are the stocks posting the largest moves in midday trading.
The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
“CPI month-over-month change has got the Fed zig-zagging,” Gundlach said.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
These are the stocks posting the largest moves in premarket trading.
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s number of $47.7 billion.