No Data
Express News | Shares of Banking Companies Are Trading Higher. The Sector May Be Moving Higher in Possible Reaction to Thursday's Presidential Debate
Unusual Options Activity: BEKE, TFC and Others Attract Market Bets, BEKE V/OI Ratio Reaches 100.9
Express News | Regional Banks Rise: First Horizon up 5.6%, Comerica up 5.3%, Citizens Financial up 3.4%
There are further signs of slowing down in various aspects of the US economy, highlighting the power of high interest rate policies.
Extensive economic data shows that the US economy slowed down in the first half of this year due to the Fed's policy of maintaining high borrowing costs for a longer period of time and stubborn inflation. Official US data shows that personal consumption increased by 1.5% in the first quarter. Another set of data on Thursday shows that orders and shipments of specific corporate equipment declined, the trade deficit reached its highest level in two years, the job market weakened, and home buying activities declined. After achieving above-trend growth in the second half of 2023, the economy runs slowly in the first half of 2024, according to the report by Bill Adams, chief economist at Comerica.
J.P. Morgan Maintains Comerica(CMA.US) With Hold Rating, Cuts Target Price to $57
Comerica Is Maintained at Neutral by JP Morgan
Paul bin Anthony : very helpful thanks