Nasdaq Falls Over 100 Points; Bank of America Posts Upbeat Earnings
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.21% to 49,090.31 while the NASDAQ declined 0.67% to 23,551.77. The S&P 500 also fell, dropping, 0.47% to 6,931.31.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsEnergy shares gained by 0.9% on Wednesday.In trading on Wednesday, consumer discretionary stocks dipped by 0.9%.Top HeadlineBank of America Corp (NYSE:BAC) reported upbeat fourth-quarter fiscal 2025 financial results on Wednesday.The bank reported a net income of $7.6 billion (down from $6.80 billion a year ago) and EPS of 98 cents, beating the analyst consensus estimate of 96 cents. Revenue, net of interest expense, increased 7% year-over-year (Y/Y) to $28.532 billion, beating the analyst consensus estimate of $27.944 billion.Equities Trading UP High Roller Technologies, Inc. (NYSE:Full story available on Benzinga.com
