JPMorgan, Citigroup and Wells Fargo all sound less worried about the health of their loans to struggling oil companies thanks to rising prices and efforts to get ahead of the problem.
Investors are dumping travel and tourism stocks again as the terror attack on Nice, France, threatens to deter more visitors. Shares in many companies are down more than 20% this year.
Larry Fink, one of the most influential figures in finance, isn't a believer in the big rally in stocks. The boss of the world's largest asset manager BlackRock pointed to signs that retail investors have been yanking money from the market.
The U.S. oil business may be on the cusp of a huge comeback, one that would create a serious worker shortage. Goldman Sachs predicts the industry may need to hire 100,000 jobs by the end of 2018.
The Bank of England surprises markets by keeping interest rates on hold but says it expects to act next month to tackle an economic slowdown triggered by the Brexit vote.
The Dow is up an incredible 1,275 points from the post-Brexit lows and is trading at record levels. Investors Intelligence warned on Wednesday that "the bulls have entered the danger-higher risk zone."
Power outages and chronic underinvestment have caused Venezuela's oil production to decline to the lowest level since 2003. It's the latest sign of the dire situation in oil-reliant Venezuela.