Wednesday sees a slew of major corporates reporting, with Bank of America, Morgan Stanley, IBM and Netflix all due before the bell.
U.S. corporate earnings season is now in full gear. On Tuesday, Goldman Sachs reported better-than-expected results, driven by the company’s investment banking and trading divisions, causing the Wall Street giant’s shares to climb 1.9%.
J.P. Morgan Chase ‘s results also topped estimates and its stock rose 1.1%. Johnson & Johnson, however, fell 1.6% despite reporting a 42% profit surge in the previous quarter.