U.S. stocks end mostly lower on Tuesday, with the Dow Jones Industrial Average snapping a four-day win streak after Goldman Sachs' poor earnings results.
Analysts expect net profit margins for the companies that make up the S&P 500 index to keep rising over the next two years
At JPMorgan and Bank of America, staffing increased by 1.7% from three months ago, while at Citi it rose by 0.8%. Wells Fargo, meanwhile, shed jobs
While Morgan Stanley beat its earnings target and Goldman fell well short, both investment banks reported lower net income against a strong year-ago quarter

Goldman (GS) Q4 Earnings Lag Estimates as IB Revenues Crash

02:48pm, Tuesday, 17'th Jan 2023 Zacks Investment Research
Muted IB business on a slump in deal-making activities and higher provisions hurt Goldman's (GS) Q4 earnings.

Company News for Jan 17, 2023

02:30pm, Tuesday, 17'th Jan 2023 Zacks Investment Research
Companies in The News Are: C, WFC, SJR, BK
Goldman Sachs boosted the price target for The Wendy's Company (NASDAQ: WEN) from $22 to $25. Goldman Sachs analyst Jared Garber maintained a Neutral rating on the stock. Wendy's shares fell 1.4% to
JPMorgan, Bank of America, Citigroup and Wells Fargo are highlights of the Zacks Earnings Preview article.

6 Monster Stock Market Predictions for the Week

08:23am, Monday, 16'th Jan 2023 Investing.com
Citi reached its milestone of 13% CET1, yet refuses to buy back shares. The culprit is the expected disposal of Mexico consumer operations expected in Q1 that will cause a temporary capital headwind.

21% of Warren Buffett's Portfolio Is Invested In Just 5 Bank Stocks

02:05pm, Saturday, 14'th Jan 2023 The Motley Fool
Even as Buffett's company Berkshire Hathaway has ventured into other sectors, it has always invested in banks.
Largest U.S. banks by market cap top their profit targets, but JPM CEO Jamie Dimon warns of uncertain economic times ahead.
Even as Buffett's company Berkshire Hathaway has ventured into other sectors, it has always invested in banks.
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