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Bank Earnings Hold the Key to More Stock Market Gains
Stocks could be choppy over the next few months as investors wait for more clarity about inflation. But that might be a good thing.
Insmed (INSM) Gets a Buy From Truist Financial
Belden (BDC) Receives a Buy From Truist Financial
Citic Securities: Bank of America still in crisis, regional small and medium banks' turmoil resurfaces.
Under the benchmark expectations of NBER, if some small and medium-sized banks are indeed facing bankruptcy risks, it is expected that the performance of the US stock market will be similar to the bankruptcy event of Silicon Valley Bank (SVB) in 2023, and the market trend will be mainly driven by investor sentiment; in this scenario, the market performance of cyclical industries may continue to be under pressure, while the market performance of defensive industries may be relatively stable.
What You Need to Know Ahead of Truist Financial's Earnings Release
Rivian Automotive (RIVN) Receives a Hold From Truist Financial