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Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector's rush to develop all-electric models. Ford Motor is the latest of several top...
Global stocks were steady on Wednesday, with European equities outperforming as Italy soothed market nerves about a windfall tax on bank profit, while the dollar eased after data showed the Chinese...
The latest estimate is based on results from 254 of the S&P 500 companies and projections for the remaining components. About 79% of reports are beating analysts' earnings expectations.
Bank of America gained 4.42% after its profit beat expectations by earning more from customers' loan payments, while investment banking and trading fared better than expected. Shares of other banks also rose on Tuesday, with Bank of New York Mellon up 4.11%, and PNC Financial up 2.51%, after they reported quarterly results.
U.S. stocks advanced on Tuesday, partly boosted by a round of solid bank earnings which helped put the Dow on track for its longest streak of daily gains in more than two years. Morgan...