Rising Interest Rates May Be Leading To Revaluations In Stock, Bond, And Housing Markets

Rising Interest Rates May Be Leading To Revaluations In Stock, Bond, And Housing Markets

Stocks are looking to rebound on Wednesday from Tuesday's selloff as equity index futures are pointing higher. Futures fell overnight but rebounded with European markets. London's FTSE 100, Germany's DAX, the French CAC 40, and the Stoxx 600 traded higher. However, there's a number of earnings announcements for investors to sort through on Wednesday. Financial companies continue to dominate the reports, but there are other companies of note. Starting with the financials, Morgan Stanley MS (MS) and Bank of America BAC (BAC) both beat on earnings estimates despite missing on revenues while U. S. Bancorp TBBK (USB) missed on top and bottom line numbers. These stocks were moving in premarket trading with MS rallying 2. 38%, BAC climbing 2. 62%, and USB falling 4%. According to Barron's, BAC appears to have had the best quarter because of its ability to control expenses. Outside of financials, UnitedHealth UNH (UNH) reported better-than-expected earnings and revenue but only rallied 0. 35% in premarket action. The healthcare and insurance company has been able to stave of higher expenses from rising COVID-19 Omicron cases. Revenue in the company's Optum health-service grew 14% in the previous quarter, increasing to $41. 1 billion. The supplier of industrial,