Bank stocks weaken, but small-company stocks hold up well [Los Angeles Times (CA)]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: Los Angeles Times
Bank stocks weaken, but small-company stocks hold up well Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, making for a mixed finish on Wall Street. Trade issues again weighed on the market as representatives of the auto industry told Congress they opposed tariffs on imported cars and car parts being proposed by the Trump administration. Major banks fell as interest rates decreased. Weak second-quarter results also weighed on American Express and Bank of New York Mellon. President Trump told CNBC he is “not happy” the Federal Reserve has been raising interest rates, which had little effect on the stock market but did send the dollar slightly lower. Companies that make and distribute drugs fell after the Trump administration proposed changes to government rules on drug price rebates. Aluminum producers sank after Alcoa said the U.S. tariffs on imported aluminum are costing it at least $12 million a month. Representatives of car manufacturers, suppliers an
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BK
Earnings
- 4/16/24 - Beat
BK
Sec Filings
- 4/24/24 - Form N-CSRS
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- BK's page on the SEC website