The three major US stock indexes opened slightly higher, with Morgan Stanley and Bank of America rising over 3% after their earnings reports.
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Glonghui, April 15|U.S. President Trump reiterated that the war with Iran is "coming to an end," while threatening to attack Iran's civilian infrastructure. At the opening of the U.S. stock market, the three major indexes opened slightly higher: the Nasdaq rose 0.21%, the S&P 500 increased by 0.18%, and the Dow Jones Industrial Average rose 0.31%. Broadcom rose 2.4% after establishing a multi-year AI chip partnership with Meta. Nike gained 2% as both Apple CEO Tim Cook and Nike President Elliott Hill increased their holdings. Morgan Stanley increased by 3.3%, with Q1 revenue up 16% year-on-year and pre-tax profits reaching a record $7.01 billion. Bank of America rose 3.2% after Q1 results exceeded expectations, with investment banking and asset management fees both achieving double-digit growth. ASML fell 3.7% as its Q2 net sales guidance fell short of expectations, facing uncertainty due to export controls. (Glonghui)
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