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Stocks Shrug off Oil & Bonds into 1st Week of Earnings
Stocks Shrug off Oil and Bonds into 1st Week of Earnings
Wall Street finished Friday within striking distance of all-time highs as investors brace for Q3 bank earnings this week. The S&P 500 rose 0.59%, the Dow gained 0.83% and the Nasdaq added 0.64% — all three logging weekly gains.
Analysts expect roughly 31% year-on-year earnings growth with AI and energy driving two-thirds of the increase. Banks are expected to unveil a quarterly stock-trading haul of nearly US$19 billion — JPMorgan, Goldman Sachs, Wells Fargo and Citigroup all report this week.
In today’s call: gold and precious metals…
The skinny
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