Bank Earnings Offer Mixed Views Ahead of Flat Market Opening
- Barry Adams
- U.S.A. New York City
Bank earnings dominate morning trading sentiment and stock index futures are pointing to flat opening. Citigroup, Morgan Stanley, and Goldman Sachs reported better than expected earnings. Wells Fargo said quarterly profit declined 21% on weaker than expected mortgage lending. Retail spending rose modest 0.5% in March and new weekly jobless claims last week were 185.000.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Goldman Sachs Group Inc The | GS | 1% | 48% | 6% |
| Morgan Stanley | MS | 0% | 33% | 2% |
| Citigroup Inc | C | -1% | 37% | 12% |
| Twitter Inc | TWTR | 0% | 0% | 0% |