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Wall Street Breakfast

Traders sell the news on bank earnings

Fri, 14 Jul 2023

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Big banks mostly top expectations but the sector sees red. China is hinting at more economic stimulus. Quant Ratings tells us which sectors look strongest into earnings.Get a fulll transcript of this episode at Seeking Alpha.Show LinksDividend Roundup: Procter & Gamble, MetLife, Caterpillar, CVS Health, and moreCiti sees '99B reasons to stay long' chip equipment stocks, new highs expectedAT&T slips as JP Morgan downgrades, citing worries over wireless, broadbandCitigroup Q2 earnings miss as market, investment banking revenue disappointAlcoa cut at J.P. Morgan on weaker aluminum fundamentalsWells Fargo Q2 earnings beat helped by strong net interest income

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