County Wells Financial News

19.07 / 11:07
UPS NASDAQ DOW Dow futures edge higher; Goldman Sachs earnings due
Investing.com — U.S. stock futures edged higher Wednesday, continuing the recent positive run, helped by mostly positive quarterly corporate earnings.
19.07 / 02:53
COST Lowe's Homebuilder sentiment rises in June, but builders sound alarm over high mortgage rates
ProChain President David Tawil explains why he predicts rate hikes are on the horizon and likely to stay high 'for a number of years.'
18.07 / 19:01
Target Microsoft JPMorgan UBS Celanese Shopify Activision analyst 4 big analyst cuts: Shopify now 'less compelling'; Activision gets 3 downgrades
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Downgrades at Shopify, Activision Blizzard, State Street, and Celanese.
18.07 / 18:03
UPS CEO JPMorgan Citigroup Chase Wall Street Can’t Shake Off Investment-Banking Slump
Morgan Stanley said Wall Street is having a tough time emerging from the doldrums. Morgan Stanley said Tuesday that second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Investment-banking fees were about flat after falling sharply in recent quarters.
18.07 / 11:59
UPS Twitter Manufacturing JPMorgan Citigroup guidance stake Earnings wave, Novartis guidance, ARK's Twitter stake - what's moving markets
Investing.com — Investors look ahead to a busy week of earnings, including quarterly results from some of the largest U.S. banks. Meanwhile, drug-making giant Novartis improves its guidance as it eyes a spin-off of its Sandoz generics division later this year, and Cathie Wood says her ARK investment management firm has written down its stake in Twitter.
18.07 / 11:09
Aware Career Telegram Strategy Commerzbank The other German bank quietly making some big hires
Everyone knows thatFabrizio Campelli is whipping Deutsche Bank into some semi-frothy hiring behaviour this year; fewer are aware that a German Landesbank is lurking on the sidelines.  
17.07 / 20:35
UPS Citi DOW JPMorgan AT&T Stock market today: Dow rises as banks, tech shine, but telecoms stifle gains
Investing.com — The Dow closed higher Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street banks and other major corporations later this week, though broader market gains were kept in check by a stumble in telecoms.
17.07 / 17:53
COST NASDAQ JPMorgan Citigroup Chase Big Banks’ Earnings Have Some Bad News for Smaller Banks
A surge of profits at some of the nation’s largest banks might make people forget that there was a banking crisis earlier this year. But just offstage, reminders are lurking—and they might grab the spotlight as regional banks begin to report this week. JPMorgan Chase and Wells Fargo on Friday reported year-over-year net income growth of 67% and 57%, respectively.
17.07 / 14:07
NASDAQ DOW JPMorgan Chase SPX 500 Weekly Dow Jones, Nasdaq, S&P 500 weekly preview: Big Tech takes the stage
S&P 500 hit fresh 15-month highs last week before the bulls managed to secure the first close above the 4,500 mark for the first time since March 2022. The index rose 2.4% as Big Tech stocks continue to lead the way higher.
17.07 / 14:07
COST UPS Target Progressive Airlines Strategy JetBlue analyst 5 Huge Analyst Calls: Fox Corp. slashed on plummeting viewership; Meta bumped up
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Meta and Morgan Stanley, and downgrades for Fox Corp., JetBlue, and Progressive
17.07 / 10:31
UPS Microsoft DOW Tesla Futures lackluster as investors wait for more earnings
(Reuters) — U.S. stock index futures were subdued on Monday after last week's gains, as investors geared up for quarterly results from industry heavyweights through the week.
17.07 / 09:09
Target Booking JPMorgan HSBC TCS ICBC HDFC Bank enters $100 billion m-cap club, but fails to pip TCS as number 2 stock
Reliance Industries (RIL) and IT major Tata Consultancy Services (TCS), sitting on the third position with a market cap of ₹12.43 lakh crore.  The m-cap of RIL is over ₹18.85 lakh crore, while that of TCS is around ₹12.94 lakh crore. With a market value of over $151 billion, HDFC Bank is now the world’s seventh largest lender.
17.07 / 02:29
UPS DOW COMPOSITE NIFTY KOSPI Indian Gift Nifty, Asian shares, cautious Fed to corporate results, among key global cues for Indian stock markets
US Federal Reserve continued to sound cautious, with Governor Christopher Waller Thursday saying that he expected two more rate hikes this year to bring inflation down to the 2% goal, though more good data on prices could obviate the need for the second hike.  Also Read: Q1 earnings, global cues & more: Key triggers for stock markets this week Japanese markets are closed for a holiday. China's Shanghai Composite Index declined 0.58% to 3,219.02, while the Shenzhen Composite Index dropped 0.34% to 2,051.13. South Korea’s Kospi dipped 0.43%, while Hong Kong’s Hang Seng index futures were trading around 100 points lower at 19,319.
14.07 / 21:11
UPS DOW Citigroup UBS week Stock market today: Dow wraps up best week since March as earnings season begins
Investing.com — The Dow closed higher Friday, wrapping up its best weekly gain since March as Wall Street banks lifted the curtain on the quarterly earnings season, with mostly better-than-expected results.
14.07 / 21:11
UPS JPMorgan week U.S. bank deposits rise, lending falls in latest week: Fed
Invesitng.com — Bank deposits rose, but lending fell in the week ended July.5, the latest data from the Fed showed.
14.07 / 19:31
UPS NASDAQ DOW JPMorgan Citigroup 500 S&P 500 off highs on Citigroup slip as major Wall Street banks kick off earnings
Investing.com — The S&P 500 gave gains Friday as financials were hurt by a slip in Citigroup as the Wall Street bank failed to replicate the better-than-expected quarterly results delivered by rivals JPMorgan and Wells Fargo .
14.07 / 17:35
UPS Provident CEO Rising assets, rates stabilize wealth management at Wells Fargo
The rising stock market is a boon to wealth management businesses, and Wells Fargo & Co. reported a 9% increase in total client assets at the end of June, to almost $2 trillion, when compared to the same period a year earlier.

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