One of the jobs that pay actual handsome wage is that of banker. When Goldman Sachs and Morgan Stanley opted to change into bank holding firms it marked an historic realignment of the monetary providers business and the top of a securities firm mannequin that had prevailed on Wall Road since the Nice Depression. However why did they make the change? Partly as a result of it’s given both companies access to the Federal Reserve’s low cost window – the identical line of credit score that’s open to other depository institutions at a decrease interest rate. To be able to … Read More...
Jan. 25, 2021 3:54 am ET
U.S. stock futures and global indexes advanced at the start of a week that will include a slew of major earnings reports, offering a look at how they are faring through the pandemic.
Futures on the S&P 500 added 0.3%. Contracts linked to the tech-heavy Nasdaq-100 rose 0.8%.
In Europe, the Stoxx Europe 600 climbed 0.2% in morning trade. Health care and information technology sectors led gains while industrials and energy sectors lost ground.
Aena S.M.E. declined 2.3% after more than one week inching lower and easyJet fell 5.5%.
Regional indexes in Europe