Market Pulse - Usa
BlackRock reports 'strong momentum' as quarterly profits fall
BlackRock reported an 18% fall in its fourth-quarter adjusted profits on Friday, to $1. 36bn, as weakening economic sentiment put a lid on its fee income.
Slower US wage growth in December may point to 25bp Fed hike, Barclays says
US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022.
Consumer confidence rises and inflation expectations drop in December, University of Michigan says
Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed.
US import prices register first increase in six months
US import prices unexpectedly broke a five-month streak of declines at the end of 2022.
US open: Major indices head south following bank earnings
Wall Street stocks were in the red early on Friday as market participants digested quarterly figures from a number of the nation's biggest banks.
JPMorgan Chase Q4 earnings beat on top and bottom line
US banking giant JPMorgan Chase beat Wall Street expectations on both the top and bottom line with its fourth-quarter earnings on Friday.
US pre-open: Futures in the red as Q4 bank earnings roll in
Wall Street futures were in the red ahead of the bell on Friday as market participants prepped for the beginning of earnings seasons with figures from a number of the nation's biggest banks.
US close: Stocks rise as consumer inflation cools in December
Wall Street trading finished in positive territory on Thursday, as investors digested last month's all-important consumer price index.