Shares of banks and other financial institutions rose amid strong earnings.
KKR enjoyed a fundraising windfall in the third quarter, and its leaders Friday sought to counter the gloomy headlines that have dampened the mood of many private-equity investors.
Despite a drop in consumer confidence and lackluster earnings from restaurants and building materials companies, bank investors are betting that lower mortgage rates will revive housing-market activity.
Samsung Electronics is in advanced talks with Barclays to launch a consumer credit card in the U.S.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-07-25 1734ET
