Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23

Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23

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  • Afsnit
    • 1177
  • Udgivet
    • 18. jul. 2023
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1177 of 1998
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43M
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Engelsk
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Kategori
Økonomi & Business

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by

better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming

one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels

not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T

and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves

in light of the labor strikes in Hollywood.

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