Stock market today: Wall Street climbs to kick off a big week for earnings reports [Los Angeles Times (CA)]
Truist Financial Corporation (TFC)
Last truist financial corporation earnings: 4/20 05:45 am
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Source: Los Angeles Times
The S&P 500 rose 0.9% to recover more than a quarter of last week's rout. The Dow Jones Industrial Average added 253 points, or 0.7%, and the Nasdaq composite jumped 1.1%. The rally was widespread, and most stocks across Wall Street rose. In the S&P 500, technology stocks led the way to bounce back from their worst week since the pandemic crash of 2020. Nvidia leaped 4.4%, and Alphabet climbed 1.4% as Treasury yields stabilized in the bond market. Last week, a jump in yields cranked up the pressure on stocks, particularly those seen as the most expensive and making their investors wait the longest for big growth. Bank stocks were also strong following some encouraging profit reports. Truist Financial rallied 3.4% after its profit for the start of the year topped analysts' expectations. They helped offset a 3.4% drop for Tesla , which over the weekend announced more cuts to prices. Elon Musk's electric-vehicle company, which has seen its stock drop more than 40% this year, wil
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TFC
News
- Truist Financial Co. (NYSE: TFC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Truist Financial Co. (NYSE: TFC) had its price target raised by analysts at JPMorgan Chase & Co. from $39.50 to $40.50. They now have a "neutral" rating on the stock.MarketBeat
- Truist survey shows small business owners focused on short-term challenges at the expense of long-term planning [Yahoo! Finance]Yahoo! Finance
- Truist survey shows small business owners focused on short-term challenges at the expense of long-term planningPR Newswire
- Truist launches "Truist Life, Money, and Choices™" financial education program for high school and college students [Yahoo! Finance]Yahoo! Finance
TFC
Earnings
- 4/22/24 - Beat
TFC
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 8-K
- 4/25/24 - Form 4
- TFC's page on the SEC website