Published: July 13, 2018 5:01 p.m. ET
Financials retreat after bank earnings
By SUE CHANG MARKETS REPORTER By RYAN VLASTELICA MARKETS REPORTER
The Dow on Friday reclaimed its perch above the 25,000 level for the first time in nearly a month while the technology-powered Nasdaq to a record, underlining an uptrend that has been driven by signs of economic strength and solid quarterly earnings, even if results for banks on the day failed to prove an immediate catalyst.
The day’s moves marked the sixth positive session in the past seven, suggesting that Wall Street was shaking off uncertainty surrounding trade policy that has served as the market’s most severe headwind in recent months. [MORE: Go to link here.]
