US Stocks Mixed; Bank of America Earnings Top Views

Market Overview - U.S. stocks showed mixed trading with the Nasdaq down approximately 0.1% on Wednesday [1] - The Dow Jones increased by 0.08% to 44,060.17, while the S&P 500 rose by 0.03% to 6,245.49 [1] Sector Performance - Health care shares experienced a rise of 1.2% on Wednesday [1] - Energy stocks saw a decline of 0.8% [1] Company Earnings - Bank of America Corp reported second-quarter fiscal 2025 net income of $7.1 billion, up from $6.9 billion a year ago, with EPS of $0.89, surpassing the analyst consensus estimate of $0.87 [2] - Revenue for Bank of America increased by 4% year-over-year to $26.5 billion, although it fell short of the analyst consensus estimate of $26.8 billion [2] Commodity Prices - Oil prices decreased by 1.1% to $65.81, while gold prices increased by 0.3% to $3,347.00 [4] - Silver prices fell by 0.2% to $38.035, and copper prices dropped by 1.6% to $5.49 [4] Asian Market Performance - Asian markets closed mixed, with Japan's Nikkei down 0.04% and Hong Kong's Hang Seng down 0.29% [6] - China's Shanghai Composite also fell by 0.04%, while India's BSE Sensex gained 0.08% [6] Notable Stock Movements - Aptorum Group Limited shares surged by 254% to $3.4413 following an all-stock merger agreement with DiamiR [8] - Nuwellis, Inc. shares increased by 140% to $16.58 after securing a U.S. patent for a blood filtering machine [8] - Barinthus Biotherapeutics plc shares rose by 92% to $1.96 [8] - Soluna Holdings, Inc. shares dropped by 33% to $0.5083 after announcing a $5 million public offering [8] - Cyclacel Pharmaceuticals, Inc. shares fell by 25% to $9.20, and Onconetix, Inc. shares decreased by 22% to $3.5150 following a merger announcement [8] Economic Indicators - U.S. crude oil inventories declined by 3.859 million barrels for the week ended July 11 [9] - U.S. industrial production increased by 0.3% in June, exceeding market estimates of a 0.1% rise [9] - U.S. producer prices remained unchanged in June compared to May, contrasting with a revised 0.3% gain in the previous period [10]