Bloomberg reports that bank earnings have contributed to a positive market trend, with investors showing reduced risk appetite. According to the article, strong financial results from major banks have bolstered confidence in the global economy. This development has led to increased investment and a shift away from riskier assets.

Source: https://www.bloomberg.com/news/newsletters/2024-10-16/bank-earnings-add-to-the-market-s-upbeat-vibe-everything-risk