Reported about 4 hours ago
US stocks saw gains on Friday with the Dow Jones Industrial Average rising 0.7% as major bank earnings reports boosted investor confidence. Despite concerns over a hot inflation report and its potential impact on Federal Reserve policies, banks like JPMorgan and Wells Fargo posted better-than-expected results. However, Tesla's stock fell about 8% after its robotaxi unveiling, which left investors wanting more details. The overall market sentiment remained mixed as investors navigated through the earnings and inflation data.
Source: YAHOO