Major US banks are set to post stronger fourth-quarter earnings as a revival in dealmaking, resilient trading activity and improving capital markets lift revenues. Analysts expect investment banking and markets businesses to drive results amid steady loan growth and supportive economic conditions.
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate
Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though