Market Pulse - Usa
US producer prices jump past forecasts in June
Producer prices in the US jumped at twice the expected pace last month but some economists expected them to rise more slowly from here on forwards.
US open: Dow erases yesterday's losses as bank earnings continue to roll in
Wall Street stocks were in the green early on Wednesday as second-quarter earnings from some of the biggest banks in the country rolled in.
Delta Air Lines posts first pandemic-era quarterly profit thanks to US taxpayers
Air carrier Delta Air Lines posted its first quarterly profit since the Covid-19 pandemic decimated the industry over a year ago on Wednesday, with vacation travellers and US taxpayer funds helping to offset weak corporate and international travel demand.
Bank of America falls short of Q2 revenue expectations
Major US lender Bank of America has posted revenues that fell short of estimates on the Street despite revealing a quarterly profit that was well ahead of expectations.
BlackRock beats forecasts as active inflows stay positive
BlackRock reported diluted earnings per share of $8. 92 for its second quarter on Wednesday, or $10. 03 on adjustments, beating Wall Street expectations for profits of $9. 46 per share.
US pre-open: Wall Street futures mixed as bank earnings roll in
Wall Street futures were mixed ahead of the bell on Wednesday as second-quarter earnings from some of the biggest banks in the country were on tap.