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S&P 500 Futures - Sep 24

CME
Currency in USD
Disclaimer
5,615.75
-5.75(-0.10%)
Delayed Data

S&P 500 Futures Discussions

Several U.S. banks were registering strong gains in pre-market trade on Friday as they passed tougher Federal Reserve stress tests whose results were published after the prior session’s close.\n\nAlthough the Fed forced some of Wall Street’s top banks to rein in ambitious plans for pouring out cash to shareholders, it still implied a record payout to investors.\n\nThe nation’s four largest lenders - JPMorgan (NYSE:JPM), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) - all said they will distribute more than $110 billion through dividends and stock buybacks.\n\nGoldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) were blocked from boosting total payouts.\n\nOf the 18 domestic and foreign banks that faced the qualitative section of the exam, Deutsche Bank (DE:DBKGn) was the only one to receive an objection.
Yup all good news for shareholders
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