Wall Street shrugged off credit concerns that battered bank stocks on Wednesday, with large-cap indices posting slight gains by midday trading in New York, setting up for a positive weekly close.
The recent developments come amid broader concerns about the quality of bank loan portfolios and the potential for more borrowers to default or misrepresent collateral.
In an otherwise cautious session on Wall Street, gold and silver stole the spotlight once again, with both precious metals pushing to fresh record highs — gold touching $4,270 per ounce and silver climbing to $53.90.
The investment firm also said the fund will now include overnight repurchase agreements and shorter-term U.S. Treasuries, while removing agency securities.
The initiative will make S&P Global Ratings’ Stablecoin Stability Assessments available directly within decentralized finance (DeFi) protocols via Chainlink’s DataLink service.
According to Fiscal.ai data, Wall Street expects America’s largest bank to post earnings of $4.86 per share for the quarter ended Sept. 30, on revenue of $45.42 billion.
October 9, 2025 – Financial markets are currently signaling a near 100% probability of a Federal Reserve interest rate cut at the upcoming October 28-29 Federal Open Market Committee (FOMC) meeting. This overwhelming conviction comes as the central bank navigates a complex economic landscape marked by a softening labor market, persistent
The forecasts for Q3 earnings are on the rise, suggesting a strong reporting cycle. This is an examination of the top sectors for growth and outperformance
The consumer discretionary sector is underperforming due to stock concentration in Tesla and Amazon, but smaller companies in the sector are quietly delivering steady gains.
