Western Alliance Bancorp (NYSE:WAL) reported quarterly earnings of $2.67 per share which beat the analyst consensus estimate of $2.66 by 0.38 percent. This is a 14.1 percent increase over earnings of $2.34 per share from the same period last year.
Market Glimmer? Why This Analyst Foresees Year-End S&P 500 Rally Despite Economic, Geopolitical Headwinds
U.S. stocks could emerge stronger from the gloomy phase seen in the past 2 months, going by the historical trend.