Reported about 6 hours ago
US stocks remained steady on Friday as major banks released their earnings, prompting investors to assess the implications of recent inflation data on Federal Reserve interest rate policy. While the Dow Jones and S&P 500 remained mostly flat, the Nasdaq Composite fell slightly. Key earnings from banks like JPMorgan and Wells Fargo revealed mixed results, affecting their shares accordingly. Meanwhile, Tesla's stock dropped after a disappointing unveiling of its driverless robotaxi, contrasting with gains seen by rivals like Uber.
Source: YAHOO