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14.04.26 - 15:42
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Wall Street Balances Growth and Uncertainty (Bloomberg)
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Big banks are sending mixed signals: trading desks are booming, dealmaking is back, and private credit risks look contained for now. But beneath the strong earnings, CEOs like Jamie Dimon are still warning about an uncertain economy. Bloomberg News reporter Katherine Doherty discussed recent earnings reports from major banks including JPMorgan, Citigroup, and Wells Fargo. (Source: Bloomberg)...
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14.04.26 - 10:06
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Stocks regain most of their US-Iran war losses amid hopes diplomacy will prevail (SCMP)
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Investors are betting on a diplomatic solution to end the US-Israel war on Iran, even after peace talks fell apart over the weekend.
Initial fears about an escalation of the war after the US naval blockade of the Strait of Hormuz quickly faded, with US equities staging a dramatic comeback on Monday, erasing nearly all of the losses incurred by the S&P 500 index since the start of the conflict. Asian stocks followed suit on Tuesday, with key equity benchmarks from Japan to Hong Kong rebounding to......
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