Reported 15 days ago
U.S. stocks showed slight gains on Wednesday as the S&P 500 rose 0.4% and the Nasdaq gained 0.7%, buoyed by strong earnings from major banks and hopes for interest rate cuts despite ongoing U.S.-China trade tensions. Bank of America reported a 23% profit jump, while Morgan Stanley's profits surged 45%. However, markets remain cautious with a government shutdown ahead and threats of potential trade restrictions from the U.S. against China.
Source: YAHOO