5 Things to Know Before the Stock Market Opens
1. Bank of America (BAC) reported mixed second-quarter financial results, missing some revenue estimates. 2. Despite better-than-expected profits, BAC's net interest income fell short of forecasts. 3. Investor sentiment is cautious after recent disappointing earnings across major banks. 4. Cryptocurrency legislation progress could indirectly impact BAC and banking overall. 5. S&P 500 earnings growth is expected to surpass 9% year-over-year, affecting overall market.