The Latest Breaking News from Bank of America

While Bank of America has underperformed relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

See these three stocks in an outperforming industry that Wall Street analysts are upgrading after posting strong Q1 results.

On 15 April 2025, Bank of America's CFO, Alastair Borthwick, expressed confidence that a recession is unlikely soon, citing strong consumer spending and corporate earnings.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. June E-mini S&P futures (ESM25 ) are down -0.21%, and June E-mini Nasdaq futures...

Boeing dropped after China suspended new aircraft orders, while Bank of America and Citi climbed on earnings beats.

The current tariff reprieve in the tech sector is likely temporary, said Eric Compton, director of equity research for the sector at Morningstar.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM25 ) are up +0.42%, and June E-mini Nasdaq futures...

June S&P 500 E-Mini futures (ESM25) are up +0.05%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.14% this morning, pointing to a muted open on Wall Street, while investors await U.S. economic data, quarterly reports from more big banks, and remarks from Federal Reserve officials.

Following a brutal decline, analysts turn bullish on Bank of America, noting potential returns and peer valuation gaps