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News in English (USA) / 15.01.2025 / 14:00

Strong Bank Earnings Help Lift Stock Futures Ahead of Key Inflation Report

U.S. stock futures climbed notably, buoyed by robust bank earnings from major financial institutions such as JPMorgan, Goldman Sachs, and Wells Fargo. Analysts project that big banks are on track to report combined quarterly profits of approximately $31 billion, indicating a solid performance in the sector. This earnings season is being closely watched by investors, particularly with key inflation data, including the Consumer Price Index (CPI), imminent. The mood in the markets remains cautiously optimistic, as traders anticipate whether these earnings can sustain momentum or if inflationary concerns will cap market gains. As Wall Street prepares for the announcements, focus remains on financial stocks, with expectations for positive outcomes further driving future market movements.
CNBC, Yahoo Finance, "Investors Business Daily", Reuters.com, Financial Times, Benzinga, Reuters, CNBCTV18, PYMNTS.com, MSN