Posted 1/15/2024, 10:10:00 AM
Bank Earnings Eyed Amid Global Growth Concerns and AI Ethics Questions
- Bank earnings from Goldman Sachs and Morgan Stanley due this week after mixed results from peers; investors watching for impact of weaker M&A activity
- U.S. stock markets closed Monday for Martin Luther King Jr. holiday after muted week; traders maintain bets on potential Fed rate cut
- World Economic Forum survey shows "uncertainty" and subdued growth prospects for 2023, though some optimism for 2024
- Baidu stock drops over 11% on report its Ernie AI was tested by Chinese military research lab
- Oil prices ease back after jumping last week on Middle East tensions; potential for escalation threatens key shipping route