The Wilmington Trust/M&T Bank family joins the nation in mourning the loss of the 41st President of the United States, George Herbert Walker Bush.President Bush guided the nation through a period of sweeping global change—and is most notably remembered for bringing a peaceful end to the Cold War, marked by the fall of the Berlin Wall.
November 21, 2018—We can’t help but appreciate the irony of the stock market’s recent activity heading into the Thanksgiving holiday. As we sit around the dinner table on Thursday, the stock market may not be on many people’s “things-to-be-thankful-for” list, at least based on the past few weeks. As of Tuesday, U.S. equity indices had erased their annual gains, after the S&P 500 was up as much as 10% for the year through September.
August 7, 2018— Now that the S&P 500 earnings calendar has seen the second quarter come and go, most companies have reported results that reflect another stellar earnings season. More companies—over 80%—beat earnings in the second quarter than during any point since the mid ‘90s, when data started being tracked. On average, earnings beat analysts’ estimates by about 5%.