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Morgan Stanley heads a good set of US Q1 bank earnings reports- S+P futures gain
The noted list of US bank earnings reports have now all been released and it has been a pretty solid set of results. The last one of those was from Morgan Stanley and they have just topped the lot with a significant top and bottom line beat on earnings per share and revenue. Consequently, the S+P 500 futures have now risen from earlier lows, but it does remain to be seen, if that rebound will be sustained. If it is not, then once again we might conclude the overhang of the current risk position across the markets is still the overriding factor for directional momentum on the index later today.
Market News
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US stocks now turn positive-check out the S+P 500 moving back into the black
The lower opening across the US stock markets has now turned around and all three major indexes are edging back into positive territory. Earlier this... -
Bitcoin falls below 86k as Nasdaq 100 opening losses deepen
Following on from the previous update looking at the lower US stock market opening in general and the Nasdaq 100 in particular. The Nasdaq has now... -
US stocks open in the red- check out the Nasdaq 100
The US stock markets have just reopened and rather unsurprisingly it has been an across the board lower start to the session. The s+P 500 has just...
