Category: Finance
Wall Street shows positive momentum with the Russell 2000 index up 1.65%, driven by better-than-expected retail sales and Bank of America's earnings. Bank of America reports net interest income of $14.5 billion, while Match shares rise 7% due to activist investor interest. Morgan Stanley's Q2 earnings exceed expectations but shares open lower, and United Health Group sees a 3.1% increase despite raising earnings estimates due to cybersecurity issues. Analysts adjust target prices for Goldman Sachs, Macy's, and Netflix based on recent performance.
Keywords: Wall Street, Bank of America, earnings report
Update At: 7/31/2024