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Stocks Edge Higher on Banking Industry Outlook
 

July 14, 2009



An analyst offered upbeat comments about Goldman Sachs and the banking sector, but most of the markets continued to lag ahead of corporate earnings news this week. The Dow rose 16 points to 8161 while Nasdaq was unchanged at 1751.An analyst offered upbeat comments about Goldman Sachs and the banking sector, but most of the markets continued to lag ahead of corporate earnings news this week.

The Dow rose 16 points to 8161 while Nasdaq was unchanged at 1751.On the upside Shares of Goldman Sachs (GS) rose ahead of Tuesday's earnings report. Investors also picked up shares of Bank of America (BAC) and Wells Fargo (WFC).Unisys (UIS) offered upbeat guidance for the 2nd quarter including a possible pre-tax profit.An analyst upgraded Trinity Industries (TRN), a railcar maker and leasing company.



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