Latest Breaking News On - Jeffrey schmid - Page 8 : comparemela.com
Friday marks the unofficial start to the quarterly earnings season, with results from three major U.S. banks, JPMorgan Chase & Co, Citigroup and Wells Fargo & Co, due before the opening bell. BlackRock, the world's largest asset manager, and custodian bank State Street are also slated to report their quarterly numbers later in the day. The Dow and the S&P 500 eye weekly losses as sentiment was roiled this week following a hotter-than-anticipated inflation reading, which pushed traders to scale back their enthusiasm around the U.S. Federal Reserve cutting interest rates, while the tech-heavy Nasdaq was on track for its first weekly gain in three.
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