Kate Austin, equityThe amount of money that would be returned to shareholders if a company’s assets were sold off and all its debt repaid. research analyst at Adviser Investments, has the market analysis for Wednesday, January 16. Driven by strong earnings from the financial sector, major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes advanced: The Dow Jones Industrial Average rose 0.6% and both the S&P 500 and NASDAQ gained 0.2%. Bank of America and Goldman Sachs each spiked more than 7% today after beating analyst earnings and revenue forecasts. On the other hand, Ford fell 6% after lowering fourth-quarter guidance as a result of restructuring changes and global sales uncertainty.
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