LPL Financial exceeded Wall Street expectations in its fourth-quarter earnings report, posting earnings per share of $4.25 on revenue of $3.5 billion.
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts.
Power providers’ stock performance over the past year has mirrored the industry they were drafting on.
For all the trepidation coursing through the bond market at the start of 2025, Treasuries are up on the month as traders remain on watch.