NYSE Content Advisory: Pre-Market update + Strong earnings and data gives Wall Street momentum
- Stocks are little changed Friday morning after the S&P 500 notched a record close on Thursday. Fueling the latest rally has been a combination of company earnings and recent economic data.
- Big Banks dominated this week's earnings headlines with several CEOs including J.P. Morgan Chase's
Jamie Dimon andBank of America's Brian Moynihan using the word "resilient" to describe consumers and the economy. - Traders are reacting favorably to Thursday's
U.S. Retail Sales data. After sales fell in both April and May amid tariff talk inWashington , consumers picked up their spending in June.
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