Nasdaq Surges 100 Points; Bank of America Earnings Top Views
1. BAC reported Q1 earnings of 90 cents, beating estimates of 81 cents. 2. Quarterly sales hit $27.40 billion, exceeding forecasts of $26.99 billion. 3. Financial shares surged by 1.3%, indicating positive sector performance. 4. Overall U.S. stocks traded higher, suggesting market confidence. 5. Positive earnings could bolster BAC’s stock amid improving economic indicators.