PNC
NYSE · Banking
Pnc Financial Services Group
$252.56
-0.20 (-0.08%)
PNC News8 articles
Wall Street Kicks Off August with Modest Gains Ahead of Jobs Report
The S&P 500 gained 0.7% on Friday, though declining stocks outnumbered advancers. Investors await July payrolls data, with Amazon leading gains while Apple fell.
Berkshire's Week: Fee Gap vs. Index Concentration in S&P 500 ETFs
Berkshire Hathaway (BRK.B) gained 3.4% last week, beating S&P 500 ETFs. We break down the fee gap and top-heavy index concentration.
Chip Stocks Slide on Samsung Profit Warning, Tech Selloff Weighs on Nasdaq
U.S. stocks closed lower Tuesday, led by a 4.4% plunge in the PHLX semiconductor index after Samsung's profit warning, with the Nasdaq falling 0.64%.
Fiserv Shares Jump on STAR Network Sale Speculation
Fiserv shares surged 6.1% in premarket trading after reports emerged of potential sale of its STAR debit network to major US banks, boosting market value by $1.7 billion.
Truist Appoints Former Fiserv CEO Michael Lyons as Next President and CEO
Truist Financial has selected Michael P. Lyons to lead the $549 billion-asset bank as president and CEO starting September 1, 2026, succeeding Bill Rogers in a planned transition.
Ally Financial Targets Gen Z with Branchless Banking Campaign
Ally Financial's new 'Life Today' campaign targets Gen Z and millennials with a branchless model, adding 74,000 net new deposit customers last quarter.
PNC Reduces T. Rowe Price Stake Amid Strategic Shift to US Equities
PNC Financial cut its T. Rowe Price stake by 4.3% in Q4. T. Rowe shifts to US equities, reports $1.825T AUM, but net outflows hit $10.6B. Q1 EPS of $2.52 beat estimates.
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.