S&P 500 Gains and Losses Today: Wells Fargo Slips on Net Interest Income Miss
Friday, 12 July 2024, 22:24
S&P 500 Performance Overview
The S&P 500 displayed a 0.6% increase on Friday, July 12, 2024, driven by a resurgence in the tech sector and the initiation of earnings season.
Banking Giants Report Earnings
Several major banking entities released financial results, influencing market sentiment positively.
- Performance: S&P 500 up by 0.6%
- Focus: Tech sector rebound and quarterly reports
- Concern: Wells Fargo decline due to net interest income miss
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.