Crude Oil Moves Lower; M&T Bank Earnings Miss Views
1. M&T Bank Corporation reported weaker-than-expected earnings in Q1. 2. Earnings of $3.38 per share missed the $3.40 estimate. 3. Sales of $2.31 billion fell short of the $2.34 billion estimate. 4. Overall US stocks rose, but MTB missed performance expectations. 5. Details on consumer inflation expectations will be released today.