US Stock Market Morning Session: Chinese concept stocks and oil stocks generally decline, while bank stocks generally rise

Wallstreetcn
2024.10.15 13:31

Dow Jones fell by 0.2%, S&P 500 rose by 0.1%, and Nasdaq rose by 0.1%. Chinese concept stocks generally fell, with JD.com dropping by about 6% and Bilibili dropping by about 5%. International oil prices fell by more than 5% at one point, leading to a general decline in oil stocks, with TotalEnergies dropping by about 4%. Banking stocks rose across the board, with Goldman Sachs up by 3%, driven by trading and investment business, surpassing both profit and revenue expectations in the third quarter. Citigroup rose by about 1%, with the company's market division achieving its best performance in at least a decade in the third quarter. Bank of America rose by about 3%, with the company's third-quarter net interest income meeting expectations. Charles Schwab rose by about 7%, with the company's third-quarter net revenue and adjusted earnings per share exceeding market estimates

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