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Key bank earnings this week: Heres' what to expect
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Big banks kicked off US corporate earnings season with a mixed bag of results. Declining bank stocks pushed the S&P 500 Financials Index lower, while the banks index, down more than 2%, was on track for its biggest single-day slump in nearly two months https://reut.rs/3S5UdtF | Reuters
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Economist are watching consumer spending closely as the SVB collapse is still expected to affect the economy. Lydia Moynihan explains that bank earnings show what banks have been earning and what they predict to make in the future. Watch #MorningInAmerica: https://www.newsnationnow.com/joinus | NewsNation
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Stocks closed mixed today, but the $DJI managed its fifth day of gains as bank earnings begin to roll out. Our traders @GuyAdami, @CourtneyDoming, @Bonawyn and @grassosteve recap the market week that was. | CNBC Fast Money
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