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[ Tue, Jan 21st ] - Reuters
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Mon, January 20, 2025
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Russia court orders Strabag, shareholders to pay over $2 billion to Rasperia
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[ Mon, Jan 20th ] - Mint
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[ Mon, Jan 20th ] - decrypt
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Union Budget 2025: Equity, Opportunity, & Indepen .. cus As Women Taxpayers Look Forward To February 1
[ Mon, Jan 20th ] - Reuters
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[ Thu, Jan 16th ] - Reuters
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Wall St subdued after strong session; focus on earnings


//business-finance.news-articles.net/content/202 .. dued-after-strong-session-focus-on-earnings.html
Published in Business and Finance on by Reuters   Print publication without navigation

Wall Street's main indexes took a pause on Thursday following strong gains in the previous session, helped by a batch of bumper earnings from major banks, while investors assessed data to gauge the outlook for interest rate cuts this year.

U.S. stock index futures edged higher on January 16, 2025, as investors anticipated further bank earnings and awaited key economic data releases. The market was particularly focused on the upcoming earnings from major banks like Goldman Sachs and Morgan Stanley, following mixed results from other banks like JPMorgan Chase and Bank of America. Additionally, economic indicators such as retail sales, industrial production, and weekly jobless claims were due to be released, which could provide insights into the health of the U.S. economy. Investors were also digesting comments from Federal Reserve Governor Christopher Waller, who suggested that the central bank might need to maintain higher interest rates for an extended period to manage inflation, influencing market expectations about future monetary policy.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/us/futures-inch-up-ahead-more-bank-earnings-economic-data-2025-01-16/ ]

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