What are the top market headlines to know this morning?

What are the top market headlines to know this morning?

Investors held their collective breath ahead of this morning’s government inflation report and Federal Chairman Jerome Powell’s afternoon testimony before the House Financial Services Committee.

Stock futures held steady a day after the three major benchmarks snapped their two-day winning streaks. Shares of Bank of America and BlackRock fell in the premarket, 2% and 1.4% respectively, after the two companies shared their second-quarter earnings. Bank of America reported numbers beneath analyst expectations while the world’s largest asset manager reported better-than-anticipated data. 

That said, second-quarter revenue reports suggest that airlines are finally recovering from the worst of the pandemic. Delta Air Lines posted massive profits and saw its shares increase almost 2%. American Airlines saw its shares increase over 3% during premarket trading. 

What other headlines should be on your radar this morning?

More Headlines You Need To Read:

Two men go to jail for murdering a realtor

The Dems just inked a $3.5 trillion budget deal to back up Biden’s goals

Why do NY lawmakers want to ban Chick-fil-A from rest stops right now?

Why economic conditions are “just right” for the market rally to continue

Five people are killed in Canda when a crane collapses

Why Wells Fargo profits are beating expectations right now

Author: Fredrick Frost

Fedrick Frost is the Editor-in-Chief of Morning Bullets. He mainly writes about Politics, The Economy and breaking news. With over 35 years in jounralism he has been influential in helping the morning bullets newsletter readers be informed every morning.