S&P 500 Slips After Bank Earnings

Group 1 - Bank of America reported a 12% increase in quarterly profit, driven by consumer spending, but its stock price declined [1] - Wells Fargo's stock also fell after reporting disappointing net income per share [1] - Citigroup experienced a decline in quarterly profit due to a $1.2 billion loss from the sale of its Russia operations [1] Group 2 - Gold and silver futures reached intraday record highs, influenced by geopolitical tensions, along with copper contracts in New York [2] - Oil futures continued to rise following President Trump's suggestion of potential U.S. intervention in Iran [2] Group 3 - Retail sales in November increased by 0.6%, marking an unexpectedly sharp rise, while wholesale inflation was lower than anticipated at 0.2% for the same month [3] Group 4 - Japan's Nikkei 225 index achieved another record high, with rising bond yields, as the prime minister called for a snap election [4] - South Korea's Kospi composite index also reached an all-time peak [4]