Bank earnings, commodities gains, retail sales & PPI: 3 Things
unknown📝 Article Content
Big Bank stocks Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC) released their fourth quarter earnings results this morning. US stock futures (ES=F, NQ=F, YM=F) fall in Wednesday's pre-market trading, while oil prices (CL=F, BZ=F) continue to tick back up and gold (GC=F) and silver (SI=F) climb to new record highs. US retail sales topped expectations for November, while December's Producer Price Index (PPI) inflation reading came out hotter than expected. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
📄 Summary
Big Bank stocks Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC) released their fourth quarter earnings results this morning. US stock futures (ES=F, NQ=F, YM=F) fall in Wednesday's pre-market trading, while oil prices (CL=F, BZ=F) continue to tick back up and gold (GC=F) and silver (SI=F) climb to new record highs. US retail sales topped expectations for November, while December's Producer Price Index (PPI) inflation reading came out hotter than expected. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.