24/7 Wall St. wanted to see which big banks reporting earnings this week and next could make the biggest headway against their book values.
July 12, 2016: Markets opened higher again Tuesday with the S&P 500 index and the DJIA putting up new all-time intraday highs. Energy and basic materials were the leading sectors, up more…
July 11, 2016: Markets opened higher again Monday with the S&P 500 index putting in a new all-time intraday high. Last Friday’s U.S. non-farm payrolls report pushed Asian stocks higher and the…
It may come as a shock, but out of the 10 largest investment banks by assets, only one of them has outperformed the S&P 500 since bear market bottom on March 6,…
24/7 Wall St. wanted to take a look at the top five positions in the Buffett holdings that were the worst year-to-date performers.
July 5, 2016: Markets opened lower Tuesday, following international markets that traded lower while U.S. markets were closed for the July 4th holiday. U.S. markets will be searching for clues to how…
It was just last week that investors learned that all of the major banks were shown to have passed their Federal Reserve stress tests. Now the capital return plans (CCAR) have been…
The largest U.S. banks had a rough day Friday following the U.K. vote to leave the European Union. The average share price loss for the country’s six biggest banks was 7.59%. The…
June 24, 2016: Markets opened Friday following the surprise U.K. decision to leave the European Union. The Brexit vote dominated the day’s currency, energy, commodities, and equity markets as traders and investors…
In a somewhat unexpected move, the United Kingdom has left the European Union causing significant fallout within global markets. At the same time, investors are piling into gold to hedge themselves as…
June 23, 2016: Markets opened higher for a fourth straight day Thursday, perhaps reflecting investors’ belief that Britain will vote to remain in the European Union. All ten stock sectors are on…
Standard & Poor's has now shown that the first quarter of 2016 saw a 12% rise in buyback spending to a whopping $161.4 billion.
June 20, 2016: Markets opened higher Monday as sentiment waned that the U.K would wave goodbye to the European Union. Utilities was the only sector on track to post a loss today,…
Perhaps the move for a rapid exit by Britain from the European Union (or Brexit) may have been interrupted due to a political murder of M.P. Jo Cox on Thursday. As this…
June 10, 2016: Markets opened lower again Friday as a stronger dollar weighed on energy prices and lower bond yields were more the focus of traders’ attention. Only the telecom sector traded…
