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Nasdaq sets record highs as investors return to tech stocks

Nasdaq sets record highs as investors return to tech stocks

April 15 (Reuters) - The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stocks, signaling a rebound in risk appetite after weeks of concerns over war-related economic disruption and fears about the labor-force impact

Bank of America profit rises as trading shines

Bank of America profit rises as trading shines

April 15 (Reuters) - Bank of America's profit rose in the first quarter, as volatility in the global markets lifted trading activity.

Banks show trading strength, caution on economic risk

Banks show trading strength, caution on economic risk

April 14 (Reuters) - Wall Street banks reported booming trading revenues after a volatile first quarter but sounded caution about the ripple impact of higher oil and geopolitical risk on clients.

Grocer Albertsons forecasts soft annual sales as demand remains strained

Grocer Albertsons forecasts soft annual sales as demand remains strained

April 14 (Reuters) - Albertsons forecast its annual sales below Wall Street estimates on Tuesday, pointing to pressure on demand from fierce competition with bigger rivals, including Walmart and Amazon.com. Shares of the Boise, Idaho-based grocer were down 2% in premarket trading.

Wall St futures edge higher on Mideast diplomacy hopes, strong earnings

Wall St futures edge higher on Mideast diplomacy hopes, strong earnings

April 16 (Reuters) - U.S. stock index futures inched higher on Thursday as investors grew more confident that the worst of the Middle East conflict had passed, while a wave of solid earnings allayed concerns about the economy.

Wall Street monitors private credit risk as AI disruption, outflows cause concern

Wall Street monitors private credit risk as AI disruption, outflows cause concern

By Manya Saini, Saeed Azhar and Tatiana Bautzer April 14 (Reuters) - Wall Street executives said they were stress‑testing or monitoring private credit portfolios as the asset class comes under scrutiny, but said they were comfortable with their exposure.

Morgan Stanley's profit rises on dealmaking, trading boost

Morgan Stanley's profit rises on dealmaking, trading boost

April 15 (Reuters) - Morgan Stanley reported a rise in first-quarter profit on Wednesday, buoyed by a dealmaking boost and a surge in revenue from its trading business.

Wall Street still betting on 2026 deal boom, but Middle East unrest adds caution

Wall Street still betting on 2026 deal boom, but Middle East unrest adds caution

By Manya Saini, Saeed Azhar and Tatiana Bautzer NEW YORK, April 15 (Reuters) - Wall Street's biggest banks still expect 2026 to be a strong year for dealmaking, although turmoil in the Middle East that has roiled global markets has tempered executive optimism.

JPMorgan throws its weight behind Trump administration's push to scrap quarterly reporting

JPMorgan throws its weight behind Trump administration's push to scrap quarterly reporting

By Saeed Azhar and Manya Saini April 14 (Reuters) - JPMorgan Chase on Tuesday backed a Trump administration proposal to end mandatory quarterly reporting, with Chief Financial Officer Jeremy Barnum supporting efforts to ease regulatory burdens and bolster U.S. capital markets.

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

By Utkarsh Shetti and Saeed Azhar April 13 (Reuters) - Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading.

JPMorgan profit rises as volatile markets drive trading division

JPMorgan profit rises as volatile markets drive trading division

April 14 (Reuters) - JPMorgan Chase reported a rise in first-quarter profit on Tuesday as its trading division got a boost from volatility across global markets.

Wells Fargo profit rises on interest income, trading boost

Wells Fargo profit rises on interest income, trading boost

April 14 (Reuters) - Wells Fargo's profit rose in the first quarter, aided by higher income from interest payments and as its traders reaped benefits from volatile markets.