Stocks need to cross two hurdles before the market can find its bottom: PNC [CNBC]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: CNBC
Deep into November, the stock market has still not been able to shake its October blues. From heavy losses on Monday to intraday indecision on Tuesday, the Dow and S&P 500 have failed to return to the highs recorded a little less than two months ago. Jeffrey Mills, co-chief investment strategist at PNC Financial Services Group, said history suggests a few market moves need to happen before the bottom is in and the march higher can continue. We're still working through this corrective phase a little bit and I think that could take some time. We haven't quite seen the internal thrust that we like to see off durable lows, he said Tuesday on CNBC's Futures Now . In a post-midterm election rally a week ago, for example, the move higher had a ratio of 4 to 1 advancers to decliners. Mills said a stronger internal thrust is seen when that ratio reaches at least more than 5 to 1. Historical data also suggest markets have to return to October lows before they reach a
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PNC
News
- PNC BANK INVESTS $20 MILLION IN LOCAL INITIATIVES SUPPORT CORPORATION TO FUEL GROWTH IN UNDER-RESOURCED COMMUNITIES NATIONWIDE [Yahoo! Finance]Yahoo! Finance
- PNC BANK INVESTS $20 MILLION IN LOCAL INITIATIVES SUPPORT CORPORATION TO FUEL GROWTH IN UNDER-RESOURCED COMMUNITIES NATIONWIDEPR Newswire
- The PNC Financial Services Group, Inc. (NYSE: PNC) was upgraded by analysts at HSBC Holdings plc from a "reduce" rating to a "hold" rating. They now have a $155.00 price target on the stock, up previously from $141.00.MarketBeat
- Strategic Growth Continues: US Capital Global Expands Investment Banking Division in New York City with New Vice President, John Tesoriero [Yahoo! Finance]Yahoo! Finance
- PNC Bank mortgage review 2024 [Yahoo! Finance]Yahoo! Finance
PNC
Earnings
- 1/16/24 - Beat
PNC
Sec Filings
- 3/22/24 - Form 3
- 3/22/24 - Form 13F-HR/A
- 3/13/24 - Form DEFA14A
- PNC's page on the SEC website