Bank of America Beats Estimates, Morgan Stanley and Schwab to Follow in Q2 Earnings =============== #080c8e6b ver:2.83 US big banks, including JPMorgan Chase and Citigroup, are set to report Q2 earnings, providing insight into the health of the financial sector and broader economy. Stock market valuations face a reality check as earnings season begins, with expectations set higher and risks due to inflated valuations. The S&P 500 has been driven by Big Tech stocks, but hopes for broader market gains will be tested. The US economy shows resilience with cooling growth and easing inflation. Bank of America beats estimates, while stocks rally to new highs. Overall, the long-term outlook for stocks remains positive. #earnings #stockmarket #economy... #newstr #BankOfAmerica #MorganStanley #Schwab #Q2Earnings #StockMarket #FinancialSector https://here.news/story/080c8e6b?ver=2.83