Stocks could be close to sending a longer-term bullish signal, the much-heralded "golden cross," just as analysts expect the current sell off to continue a bit longer. Read More
“Universal banks,” particularly Bank of America, Citigroup, and JPMorgan Chase, are facing a “tough long-term future because Dodd-Frank really hits them in the chest,” JMP Securities analyst David Trone told CNBC Monday. Read More
Utility, material and industrial companies led the gains in the Standard & Poor's 500 Wednesday, after the Federal Reserve announced it will keep interest rates near zero in the long-term. Read More
Bank of America CEO Brian Moynihan sounded optimistic Wednesday about a US economic recovery and discussed his plan to improve the company’s stock price. Read More