Bank of New York Mellon (BK) Stock Price, News, Quotes-Moomoo

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BK Bank of New York Mellon

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78.291
-0.359-0.46%

Trading Nov 19 11:44 ET

56.92BMarket Cap17.02P/E (TTM)

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News

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Comments

Moomoo News Global

Oct 8 05:55

Columns Market Confronts the First Earnings Season of Rate Cut Cycle: How Will Big Banks Perform?

As the stock market navigates its first earnings season amid a rate-cut cycle, U.S. investors will in on the banking sector. Major players such as $JPMorgan (JPM.US)$, $Wells Fargo & Co (WFC.US)$, and $Bank of New York Mellon (BK.US)$ are preparing to disclose their financial results. Investors are particularly focused on the potential for a soft economic landing, Federal Reserve rate cuts, and the impact these...

Bear Bear Craig

Oct 7 05:37

🏦Market outlook 7-11 Oct 2024

📰 Inflation in the US is slowing down, which is good for the economy and jobs. In September, prices likely went up just a tiny bit (0.1%), the smallest increase in three months. Over the past year, inflation is expected to be at 2.3%, the lowest since early 2021.
When you exclude things like food and energy, prices are expected to go up slightly more (0.2% for the month and 3.2% for the year). Because job growth is still strong, this lower inflation could mean the...