BofA Strategists See More Pain In Store Before Stocks Reach Low

Morgan Stanley misses earnings and revenue estimates. Morgan Stanley profit slumps 30% as deals drought extends.

JPMorgan profit down 17% as sluggish dealmaking, loan loss reserves weigh.

For a central bank looking for signs that the worst inflation problem in decades is starting to slowly recede, Thursday’s report on US consumer price growth was about as bad as it gets.