"Stocks Slide as Big Bank Earnings Take Center Stage"

1 min read
Source: Investor's Business Daily
"Stocks Slide as Big Bank Earnings Take Center Stage"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average fell as Apple offered discounts on its newer iPhones in China, while Goldman Sachs rallied on fourth-quarter earnings. The S&P 500 and Nasdaq also dropped, and oil prices rose slightly. Additionally, big banks like Morgan Stanley and PNC reported mixed fourth-quarter earnings results. In the stock market forecast, it's suggested that a soft landing may not bring expected gains. Notable stocks to watch include Alphabet, Amazon, Netflix, Novo Nordisk, and Caterpillar.

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