Dow Jones Industrial Average News, 4/11/2016: Buckle up... because today (Monday) could be a wide ride.
Traders are waking up to concerns about this week's round of earnings reports from some of the nation's biggest banks. Some banks are anticipating their worst quarterly reports in roughly ten years.
A sharp decline in fees from mergers and acquisitions, energy debt, and a decline in trading activity are just a few reasons why the sector is faltering.
Banks reporting this week include JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), and Citigroup Inc. (NYSE: C).
Here's today's top stock market news, stocks to watch, ways to profit, and economic calendar for April 11, 2016.
Dow Jones futures were ticking down slightly this morning as traders eyed an especially busy week of earnings reports. Today "officially" kicks off earnings season with a quarterly report from Alcoa Inc. (NYSE: AA). The global alumina producer is viewed as a proxy for global growth in the previous quarter, and thus a reflection of earnings potential.
Here's a breakdown of why the Dow is flat this morning.
Don't make this popular mistake: Wall Street has soured on automakers. But it's missing an incredible opportunity with this carmaker. This company's pre-emptive strategy could mean a 41% surge in its stock...
Now here's your list of top stocks to watch in today's market, plus today's economic calendar:
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