October 10, 2024

Bank Earnings to Give Stock Market Key Read on Health of Economy

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Wall Street is poised for a glimpse into the outlook for the biggest US banks as the Federal Reserve starts dialing back interest rates and uncertainty continues to shadow the economy.

JPMorgan Chase & Co. and Wells Fargo & Co. kick off the the quarterly earnings-report cycle on Friday, followed by Citigroup Inc., Morgan Stanley, Goldman Sachs Group Inc., and Bank of America Corp. next week.

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