BlackRock New York Municipal Income Trust is an investment fund that primarily focuses on generating income through investments in a diversified portfolio of municipal bonds issued by the state of New York and its political subdivisions
The trust seeks to provide shareholders with tax-exempt income, primarily from interest payments on these bonds, while also aiming to preserve capital. The expertise of BlackRock's management team allows for careful selection of high-quality securities, taking advantage of opportunities in the municipal bond market to maximize total return and enhance income for investors.
US banks' earnings season kicks off Friday with major players like JPMorgan, Wells Fargo, and Bank of New York Mellon reporting. Analysts expect positive performance driven by Fed rate cuts and excess capital return. RBC's top picks are Truist Financial and KeyCorp.
Bank stocks may rebound with a soft-landing, rate cuts, and improved customer activity, but political risks and lower interest rates could dampen growth.
On Tuesday, 81 stocks hit new 52-week lows.
Noteworthy Points From Today's 52-Week Lows:
Grupo Aval Acciones (NYSEAVAL) was the biggest company by market cap to set a...
On Wednesday, 115 companies reached new 52-week lows.
Noteworthy Points From Today's 52-Week Lows:
The largest company by market cap to hit a new 52-week low...
Tuesday's session saw 95 companies set new 52-week lows.
Noteworthy Highlights From Today's 52-Week Lows:
The largest company by market cap to set a new 52-...
