Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies.

Optimism about the economy isn’t only reflected in stocks. Bonds have sent similar signals, with the gap widening between the yields on short- and long-term Treasury yields, or what is known on Wall Street as a steepening yield curve.

Intel shares have begun the new year with a bang, but Wall Street is still skeptical about the chip company. Susquehanna raised its target for the price, with a note of caution.

The five largest US investment banks — JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup — are this week expected to report quarterly investment banking revenues of almost $10bn, according to data compiled by Bloomberg, 13 per cent more than a year earlier.

Global brokerages expect Corporate America to deliver a strong fourth-quarter earnings season, driven by a broadening of profit growth across industries as the U.S. economy remains resilient.

On Wall Street, power company Vistra soared 10.5% to help lead the market after signing a 20-year deal to provide electricity from three of its nuclear plants to Meta Platforms. Big Tech companies have been signing a string of such deals to electrify the data centers powering their moves into artificial-intelligence technology.

Wall Street’s newest regulator is about to enter his fourth week on the job, and already, he’s staring down a swelling political headache: what to do about prediction markets.

Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce "grunt work."

Scott Bessent blasted the Wall Street Journal Editorial Board as a "bunch of grumpy old men" who can't admit they were "fantastically wrong" about Trump.

Shares in the asset management firm – which recorded roughly $13.5 trillion in assets at the end of September – fell roughly 1% Tuesday.