Wall Street profits surge on trading boom

Wall Street rallies on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
US earnings latest: Wall Street profits surge on trading boom
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn,
Wall Street soars on record bank profits and cooling inflation
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222. The S&P 500 rose 1.83% and the tech-heavy Nasdaq Composite ended the day higher by 2.45%.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks are also helping to launch indexes toward their best day in two months.
Profits at Wall Street banks jump with trading strength, dealmaking rebound
Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday.
Wall Street is booming. Here's where the hot jobs are now.
Goldman Sachs and JPMorgan Chase kicked off banks earnings season with blowout results. Here's what it could mean for hiring across Wall Street.
A Good Year for Wall Street Isn’t the Same Thing as a Good Year for Banking
Even as trading and dealmaking surge, lending growth is muted.
Wall Street is scared to be bearish. That could mean trouble ahead.
"I think for a lot of people, predicting the negative has been painful," Lazard's Ron Temple said.
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