BofA joined other big U.S. banks in reporting a drop in third-quarter profit.
Soaring interest rates and weak economic growth have dented Wood’s young, 'disruptive' technology companies.
Investors searching for safe places to store some cash amid high inflation and volatile markets have options.
Fed. Pres. Bullard left open possibility that central bank would raise interest rates by 75 basis points at each of next two meetings in Nov. and Dec.