Banks, Tech, and Trade Tensions: Market Week in Review

Big banks are booming! Earnings from Morgan Stanley, Bank of America, Goldman Sachs, and JPMorgan Chase beat expectations, driving the S and P 500 higher. Tech and semiconductor stocks also surged thanks to AI investment and a massive $40B data center deal involving BlackRock, Microsoft, and Nvidia. But trade tensions with China linger, and the Fed hints at possible interest rate cuts amid labor market stress. Get the full scoop on today's market movers and shakers! The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.