Chairman Sherrod Brown (D-OH) queries Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell in a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, on September 28, 2021. Kevin Dietsch | Pool | Reuters Eight CEOs of the largest U.S. banks will …
A panoramic view of the New York Stock Exchange (NYSE) on Wall Street in New York City is shown in this captivating image captured on May 12, 2023. Photographer: Angela Weiss | Source: AFP | Copyright: Getty Images Moody’s downgraded the credit ratings of numerous small and medium-sized U.S. banks on Monday night, and it …
A UPS worker inspects an Amazon package for delivery in New York. Eduardo Munoz | Reuters Explore the trending companies in premarket trading. Sagimet Biosciences — Shares of the biopharmaceutical company surged 31% following an upgrade from Goldman Sachs. The firm emphasized Sagimet’s potential for significant gains due to advancements in its treatment for nonalcoholic …
A pedestrian walks by the Pinterest headquarters in San Francisco, April 9, 2019. Justin Sullivan | Getty Images Discover the key movers in the market before the opening bell. Bank of America — Bank of America shares rose 0.4% in premarket trading after exceeding expectations for the second quarter in terms of both revenue and …
Pedestrians pass by a sign outside a Charles Schwab office in San Francisco, April 17, 2023. Justin Sullivan | Getty Images Explore the latest developments in the stock market during midday trading. Morgan Stanley — The bank led by James Gorman saw its shares surge over 6% after surpassing analysts’ expectations with its second-quarter earnings …