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0 -0.00104913446406718 0.000174855744011156 -0.00297254764819027 -0.00507081657632452 -0.00174855744011193 -0.00227662178702574 0.000524567232033592
Stock impact report

Wall Street slides on gloomy economic data, bank earnings [Reuters]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Reuters
Wall St. tumbles on gloomy economic data, bank earnings (Reuters) - Wall Street’s main indexes slid 2% on Wednesday, as a record drop in retail sales and dour first-quarter earnings reports lent weight to forecasts for the biggest economic slump since the Great Depression. U.S. retail sales plunged 8.7% in March, setting up consumer spending for its worst decline in decades, while a separate survey showed manufacturing activity in New York state plunged in April to its lowest in the series’ history. Bank of America ( BAC.N ), Goldman Sachs Group Inc ( GS.N ) and Citigroup Inc ( C.N ) fell between 2.2% and 4.6% as they joined JPMorgan Chase & Co ( JPM.N ) and Wells Fargo & Co ( WFC.N ) in setting aside billions to cover potential loan losses tied to the coronavirus pandemic. The banking subsector .SPXBK declined 5.2%, falling for the third straight day. “Investors need a strong stomach to stick with stocks through some bad earnings reports in the coming days, weeks and months, Show less Read more
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