Here Are 3 Hot Things to Know About Stocks Right Now
- The Dow Jones Industrial Average
rose slightly on Monday.
- Bank of America Corp. (BAC) jumped 4.3% after the bank posted second-quarter earnings that beat analysts' estimates.
- Netflix Inc. (NFLX) rose 1.4% ahead of the release of earnings after the closing bell Monday.
Wall Street Overview
Stocks ended mixed on Monday, July 16, as a meeting between Donald Trump and Russian President Vladimir Putin concluded in Helsinki.
The Dow Jones Industrial Average
Trump said after Monday's meeting with Putin that he holds both the United States and Russia responsible for the breakdown in their relationship -- adding Russia to the mix after he said earlier Monday that U.S. policies and special counsel Robert Mueller's investigations were responsible, CNN reported.
"I hold both countries responsible. I think that the United States has been foolish. We've all been foolish," Trump said. "We should have frankly had this dialogue a long time ago. I think that we're all to blame. I think that the United States has now stepped forward along with Russia."
U.S. retail sales in June rose 0.5%, matching economists' estimates. Retail sales have risen 6.6% over the past 12 months.
Prime Day is a whole lot more than a sales bonanza. It's a strategic push to make Prime a feature of every home, as well as a "training day" for newer channels such as Twitch, Whole Foods, or Amazon's growing family of Echo voice assistants, according to TheStreet's Annie Gaus.
Amazon shares rose 0.4%.
Profit at the second-largest bank in the U.S. by assets rose 33% to $6.78 billion. The stock rose 4.3%.
Boeing Co. (BA) rose 1.4% after it received a $4.7 billion deal for freight planes with delivery company DHL at the Farnborough Airshow. The company also reached a repeat order, valued at about $1.1 billion, for four more Dreamliners from United Continental Holdings Inc. (UAL) .
Deutsche Bank AG (DB) , Germany's largest lender, revealed a bullish outlook for its near-term earnings prospects in a surprise release Monday ahead of its scheduled report on July 25.
The stock jumped 8.1%.
Arconic Inc. (ARNC) jumped 10.5% after The Wall Street Journal reported Apollo Global Management LLC was among the private-equity firms that have expressed interest in a buyout of the aerospace-parts maker.here to register for your free online copy.