Stocks eyed a broader comeback from a steep sell-off as investors digested results from Bank of America and other heavyweights.
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
(Bloomberg) -- JPMorgan Chase & Co. and Wells Fargo & Co. sold $13.25 billion of new debt in the US high-grade bond market, the first in a likely parade of deals from Wall Street’s six biggest banks following their release of first-quarter results. Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarApple Faces Worst iPhone Slump Since Covid as Rivals RiseIsrael Versus Iran — What All-
