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-0.000673854447439339 -0.00033692722371961 0 0 -0.000673854447439339 0 0.0013477088948788 0.00168463611859841
Stock impact report

Banks soar as earnings flood in, and some see more gains to come [CNBC]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: CNBC
show chapters Financials surged on Monday following strong Bank of America earnings, with peers such as Citigroup , Wells Fargo and Goldman Sachs rallying on the day. As investors navigate the onslaught of big bank reports and volatility in the financial sector, some market watchers are anticipating further upside ahead. This optimism comes even as the group’s price action this year hasn’t been very pretty. The financial sector is still negative year to date even as the broader markets have recouped most of their annual losses, and the financials-tracking XLF is flirting with correction territory. Moreover, the bank-tracking KBE is barely positive this year even against rising U.S. interest rates. Ahead of reports this week such as Goldman Sachs, reporting Tuesday morning, and Morgan Stanley, reporting on Wednesday, Michael Bapis of the Bapis Group at HighTower Advisors told CNBC’s “ Trading Nation ” why he’s uber-bullish on the big bank Show less Read more
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