While you were sleeping: Earnings optimism lifts Wall St

Mon, 16 Apr 2018

By Margreet Dietz April 17 (BusinessDesk) - Wall Street moved higher as investors geared up for the US earnings season amid easing concern about a global trade war and geopolitical tensions. Shares of Bank of America rose, up 1.4 percent as of 3.19pm in New York, after the bank posted a record first-quarter profit. “Strong client activity, coupled with a growing global economy and solid US consumer activity, led to record quarterly earnings," Brian Moynihan, Bank of America's chief executive officer, said in a statement. Wall Street...

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