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The Goldman Sachs Group, Inc. (GS) - free report >>
Bank of America Corporation (BAC) - free report >>
Wells Fargo & Company (WFC) - free report >>
JPMorgan Chase & Co. (JPM) - free report >>
Apple Inc. (AAPL) - free report >>
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Stock Market Roundup, Jan. 17: Bank Stocks (JPM, BAC, GS) Drag Markets Down
The major indexes were red on Tuesday thanks, in part, to the banking sector. Despite strong earnings results, banking stocks slid across the board and helped make Tuesday a difficult day for the rest of the market.
Also, investors were once again chattering about Apple as the latest round of product rumors have started circling. 2017 will have to be a big year for Apple, and the tech giant is looking to ensure its success by retaking its place as the industry innovator.
Zacks Rank #1 (Strong Buy) Top Movers
Value: AeroCentury Corp. - +4.39%
Growth: Ur Energy Inc. (URG - Free Report) - +3.87%
Momentum: EXFO Inc. - +9.78%
VGM: ACY
Major Indexes
DOW: 19,808.01 / -77.72 / -0.39%
NASDAQ: 5,535.56 / -38.56 / -0.69%
S&P 500: 2,266.29 / -8.35 / -0.37%
Top Headlines
Bank Stocks Slide Despite Strong Earnings, Trump Boost
Despite a relatively strong fourth-quarter earnings season, the banking sector is took a beating on Tuesday. Some of the world’s largest banks, including JPMorgan Chase (JPM - Free Report) , Wells Fargo (WFC - Free Report) , Bank of America (BAC - Free Report) , and Goldman Sachs (GS - Free Report) are sliding as investors appear to have lost interest in the thriving industry.
Why Blaze is the Pizza Chain of the Future
Founded in 2012 by Elise and Rick Wetzel, Blaze Pizza is one of the fastest-growing restaurants in the industry. Like a Chipotle (CMG - Free Report) pizza dream, it prepares and bakes personal pizzas fresh-to-order in an assembly line fashion.
Here Are The Latest iPhone 8 and MacBook Rumors
Wireless charging, OLED displays, and tougher water resistance. New RAM capacity, smaller screen sizes, and better battery life. These are the rumors surrounding the iPhone 8 and MacBook Pro. Will Apple (AAPL - Free Report) deliver?
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>