Stock market reaches all-time highs as banking sector shows signs of recovery

cnbc.com

The stock market reached all-time highs last week, driven by strong earnings from JPMorgan Chase and Wells Fargo. The S&P 500 closed above 5,800 for the first time, while the Dow also hit a record. Stock futures showed little movement as investors awaited more corporate earnings reports. Key companies like Bank of America and Goldman Sachs will release their results this week, which could influence market trends. Despite the market's gains, investors are cautious due to a tight presidential election, rising Treasury yields, and geopolitical tensions. The S&P 500 has increased nearly 22% this year, while Treasury yields have surpassed 4.1%.


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Stock market reaches all-time highs as banking sector shows signs of recovery | News Minimalist