Bank earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investmentsehind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of the business, id say we feel pretty good about the revenue prospects. Loans and deposits previously stashed away for bad credit. A rosie picture was
Raising hopes for more Strong Bank Earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investments behind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of the business, id say we feel pretty good about the revenue prospects. Loans and deposits previously stashed away for
Raising hopes for more Strong Bank Earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investments behind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of the business, id say we feel pretty good about the revenue prospects. Loans and deposits previously stashed away for
Raising hopes for more Strong Bank Earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investments behind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of the business, id say we feel pretty good about the revenue prospects. Loans and deposits previously stashed away for
Happy monday to you. Welcome to the closing bell. Im maria bartiromo. Im bill griffith. Whod have thunk it . Stocks gaining today on a proposal about a tax increase. Markets in the green kicking off the week with hopes Speaker John Boehner is floating higher tax on people with incomes over 1 million. Were wondering if this will be a beginning of a kick start for a deal finally. Certainly feels like the market feels that way. Compares to the 250,000 threshold which originally the president had been sticking to. Take a look. Even though it is off of the best levels which happened at about 1 00 p. M. Eastern today. On the s p still higher by 11 points. The markets watching washington and shuttling back and forth between the white house and the capitol. Eamon javers has the latest. It looks like at this point the senate is going to have to come back on december 26th to take up among other pieces of legislation the fiscal cliff solution. Apparently. So whether or not thats set in stone, we