The Latest Breaking News from Bank of America

Gold rose to a new record high in Q2 2024 and in early Q3. The precious metal looks set to make even higher highs during the second half of this year. Gold is the world’s oldest currency, and as inflation erodes fiat foreign exchange instruments and the international financial system…

The stock market rally had some wild moves during the week. The Dow Jones and Russell 2000 jumped, but came off highs. The Nasdaq tumbled.

Wells Fargo’s latest report on large cap banks shows all five of America’s largest banks, including Citigroup and Bank of America, are beating expectations

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.06%. Stock indexes closed higher on Tuesday, with the S&P 500 and Dow Jones Industrials...

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Bank of America's Q2 profits declined due to higher interest rates, offset by investment banking growth.

BAC stock surged Tuesday after Bank of America reported results. PNC Financial, State Street, Morgan Stanley release earnings.

Stock Market Today: The Dow Jones rallied 500 points on retail sales data Tuesday. UnitedHealth jumped on earnings.

September S&P 500 E-Mini futures (ESU24) are trending up +0.12% this morning as market participants looked ahead to key U.S. retail sales data and quarterly reports from more big banks.