Investors Wary of Bank Growth Despite Executive Optimism | Investment news

WASHINGTON (Reuters) – While US bank leaders were bullish on the economic outlook on Friday, pointing to an increase in some lending activity and a rise in consumer spending, investors were skeptical of the industry’s growth prospects. Drivers of the US economy JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co reported combined … Read more

Earnings to Test Growth Shares After Rocky Start to Year | Investment news

NEW YORK (Reuters) – A tough start to 2022 for US tech and growth stocks is upping the ante for upcoming earnings reports as investors seek reasons to maintain confidence in equities as they prepare for rate hikes. US interest. The S&P 500 information technology sector, which accounts for nearly 29% of the weight of … Read more

Inflation in Turkey Rises 36% Amidst the Lira Crisis, the Highest Since 2002 | Investment news

ISTANBUL (Reuters) – Turkey’s annual inflation rose much more than expected to 36.08% yoy in December, the highest since September 2002, data showed Monday reflecting a plunge in the lira’s value at the end of the year. last year. Month over month, consumer prices rose 13.58%, according to the Turkish Statistical Institute, compared to a … Read more

China’s December Factory Activity Likely Flat – Reuters Poll | Investment news

BEIJING (Reuters) – Chinese industrial activity likely did not grow or shrink in December, according to a Reuters poll, amid disruptions due to the COVID-19 outbreaks and as the economy lost momentum in the fourth quarter. The official manufacturing purchasing manager (PMI) index is expected to drop to 50 in December, from 50.1 in November, … Read more