5 things to know before the stock market opens Friday
Publishing timestamp: 2024-01-12 08:38:49
Summary
Stock futures slipped ahead of the final trading session of the week, but major indexes are still on track for weekly gains. Banks, including JPMorgan Chase and Bank of America, reported profit declines due to regulatory fees. The consumer price index rose in December after two months of declines, while the producer price index unexpectedly fell. Google and other tech companies are cutting jobs to improve efficiency. Delta Air Lines doubled its fourth-quarter profit but lowered its 2024 earnings forecast.
Sentiment: MIXED
Tickers: .SPX, .IXIC, WFC, .DJI, C, DAL, TSLA, JPM, BAC,
Keywords: bank of america corp, united states, nasdaq composite, investment strategy, jpmorgan drn, earnings, citigroup inc, ed bastian, jeff cox, business, s&p 500 index, dow jones industrial average, markets, economy, delta air lines inc, tesla inc, prices, wells fargo & co, business news,