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Stock impact report

Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts [Yahoo! Finance]

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: Yahoo! Finance
Wall Street is beginning to turn its attention to high-profile earnings, with Netflix to report after the closing bell. US stocks on Thursday extended their losing streak to a fifth day, marking the longest downturn for the S&P 500 since October. More cold water was poured on rate-cut hopes throughout the day, as several Federal Reserve speakers expressed further hawkishness on the outlook for monetary policy. New York Fed President John Williams said there's no urgent need to slash interest rates with the US economy going strong, adding that a hike could still be in the cards if the situation calls for it. "We have a strong economy, we want a strong economy, that's all very good news," Williams said at the Semafor World Economy Summit in Washington ."If the data are telling us that we would need higher interest rates to achieve our goals, then we would obviously want to do that." Atlanta Fed President Raphael Bostic echoed this, reiterating that he doesn't see lowering bor Show less Read more
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