US Big Banks Face Decline in Q2 Profits as Earnings Season Begins
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#080c8e6b ver:2.82

US big banks face decline in Q2 profits as earnings season begins, with JPMorgan Chase, Citigroup, and Bank of New York Mellon reporting. Stock market valuations set for reality check, S&P 500 projected to see 10.6% increase in earnings for Q2 2024. S&P 500 hits new highs driven by Big Tech, but broader range of constituents experience volatility. US economy shows resilience, with cooling growth and easing inflation. Q2 earnings expected to beat estimates by 2%, providing insights into impact of AI investments. Stocks rally to new all-time highs, but risk of market downturn remains. #earnings #stockmarket #economy #AI...

#newstr #EarningsSeason #StockMarket #UsBanks #S&p500 #Inflation #MonetaryPolicy #EconomicGrowth 

 https://here.news/story/080c8e6b?ver=2.82