$64.76
-0.17 (-0.26%)
ZION News3 articles
Broad Market Rally Lifts Dow 1.1%, Russell 2000 Up 1.4%
Stocks closed broadly higher Thursday, with the Dow up 1.08% and Russell 2000 up 1.38%, while tech lagged. Falling Treasury yields and a 1.3% monthly PPI increase shaped the session.
Zions Bancorporation Q2 Earnings Beat Estimates, But Equity Gains Skew Profit Picture
Zions Bancorporation (ZION) posted Q2 EPS of $3.05, driven by $1.31 in equity gains from Visa and small-business investments. Core EPS rose 10% to $1.74, beating analyst estimates. Shares slipped 2.5% in after-hours trading.
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.