Markets moved higher, up nearly 400 points in Thursday morning trading as investors remained focused on earnings reports.
The Dow Jones Industrial Average jumped 390 points for a gain of 1.2% – while the S&P 500 and the Nasdaq jumped nearly 1% each. Bank of America, Morgan Stanley, Wells Fargo and Citigroup all reported better than expected earnings on Thursday.
Despite the good news on earnings, there are some issues that the bears continuing point to, including whether the market can continue its momentum should the Fed begin to taper. According to Wednesday’s Federal Reserve minutes, policymakers are beginning starting to […]
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