Market View: Banks Beat, Markets Blink and K-Pop Breaks the Rules
Your Money with Michelle Martin · MONEY FM 89.3
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Show Notes
US bank earnings take centrestage as Citigroup, Bank of America and Wells Fargo open their books, revealing a split between headline beats and sharp market reactions.
Citigroup posts stronger-than-expected earnings despite a costly exit, while Bank of America delivers hefty profits - yet both stocks slide.
Wells Fargo disappoints, with severance costs dragging results and shares taking the biggest hit of the day.
Financials lead US markets lower, pulling the S&P 500, NASDAQ and Dow into the red after record highs.
In UP or DOWN, we unpack China’s record trade surplus, silver mining stocks surging past the US$90 mark, DBS unlocking S$1 billion in AI value, and YZJ Maritime expanding its fleet.
And in The Last Word, from earnings to emotions - we ask whether a globalised K-pop industry is finally ready to let its biggest stars fall in love, hosted by Michelle Martin with Ryan Huang.
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