Bank of America on Wednesday posted a sharp profit decline after being hit with a $1.2 billion penalty by U.S. regulators, while revenue also disappointed after trading operations generated about $750 million less than expected.
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Morgan Stanley posted third-quarter results that beat expectations on blockbuster results in its equities trading franchise.
Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.
S&P 500 companies are keeping more profit from every dollar in sales than ever before, providing another tailwind for stocks.
BREAKING: Dow Futures Fall With Big Earnings Ahead