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Wall Street Looks Out for More Bank Earnings and Key Economic Data on Wednesday

July 19, 2023
in Trade Tube
Reading Time: 1 min read
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On Wednesday, April 15th Wall Street awaits quarterly earnings results from Bank of America (BAC), Delta Air Lines (DAL), and Netflix (NFLX). The nation’s second largest bank is forecast to report a profit in the first-quarter after posting a loss in the same quarter of last year. Bank of America said the loss was due to costs of legal settlements. On the economic calendar, we note industrial production figures, the housing market index, and the EIA petroleum status report in the morning. Later in the day, keep an eye on the Fed’s Beige Book. TheStreet’s Kurumi Fukushima reports in New York.

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