July 18, 2022  SEONews

Goldman Sachs, Boeing and Ford Rise Premarket; Bank of America Falls By Investing.com – Investing.com

Investing.com — Stocks in focus in premarket trade on Monday, July 18th. Please refresh for updates.

  • Bank of America (NYSE:BAC) stock fell 0.6% after the lender reported a drop in second-quarter profit, hit by a slump in investment banking revenue as underwriting activity stood at a fraction of last year’s record levels.

  • Goldman Sachs (NYSE:GS) stock rose 3.8% after the influential investment bank beat quarterly earnings expectations handily on the back of strong bond trading results.

  • JPMorgan (NYSE:JPM) stock rose 0.8% after Reuters reported that the U.S. lender has hired Kelvin Goh from rival Citigroup to be its head of financial institutions group for Asia-Pacific.

  • Amazon (NASDAQ:AMZN) stock rose 1.4% after the online retail giant said it will match UK grocery market leader Tesco’s prices on hundreds of products, seeking an edge amid a deteriorating cost of living crisis.

  • Boeing (NYSE:BA) stock rose 4.1% after Delta Air Lines (NYSE:DAL), up 2.2%, announced plans to…

Read Full Story: https://www.investing.com/news/stock-market-news/goldman-sachs-boeing-and-ford-rise-premarket-bank-of-america-falls-2848364

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