Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo
So much for Consumer Price Index (CPI) results providing the broader stock market with a particular direction — today’s closing bell shows all major indices basically flat. CPI data was a tad warmer than expected, offering an opportunity for market participants to reassess its dot-plot estimates for Fed interest rate moves throughout 2024. The Dow is +0.04% for the session, the S&P 500 closed -0.07%, and the Nasdaq came in at +0.004%. Only the small-cap Russell 2000 had a tougher time of it, -0.78%, as smal ...