Earnings Season Takes Precedence Over Syria Attacks

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

After this weekend's' drama in Syria one would have thought that stock prices here would fall.  The impression that traders and investors adopted, however, was that any retaliation from Russia would be minor.  What did garner the attention of the markets was the earnings season.  Alcoa which is traditionally the first major company to report earnings was preceded by Bank of America today which boasted a solid 34% increase in profits.  The Dow gained 212 points on the day.

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I love when the market surge s when all the smart people think it will fall!

Apr 16, 2018 06:05 PM #1
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Rainmaker
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