Daily Summary: mixed sentiment on Wall Street

US500 index mostly unchanged, trading at 4177 points. Stocks fluctuated as traders ar consuming the newest earning reports from banks and statements from two Federal Reserve officials who claimed to support rate hikes to fight inflation.

Despite the relatively good results of larger banks, regional banks are considered to be more affected by tight monetary policy. Those bank results are to be published in the coming days and weeks, which may provide a better sense of their performance.

Goldman Sachs Group (GS.US) stock was down more than 3.5% after the publication of Q1 financial report. Currently GS.US is trading at $335 and is down 1.5%. Company net revenue was $12.2 billion compared to $12.8 billion expected. Earnings per share was $8.79 compared to the $10.76 one year ago, which is 18.31% lower.

BlackRock Inc. expects institutional investors to increase allocations to private equity and private credit funds despite recession fears and rising interest rates.

Boeing Co. (BA.US) is increasing output of its 737 jetliner despite dealing with a new production flaw from a supplier. Boeing price is currently at $207, higher by 1.2% today.

Housing market: Housing starts came higher than expected at 1.42 million new building construction starts and building permits came lower at 1.41 million. Both readings are lower on the monthly basis.

After the US session closes, streaming giant Netflix (NFLX.US) will present its Q1 results.

DAX - DE30 broke above 16000 points and is currency trading at $16020, 0.37% higher.

Key data from China: the reaction of Chinese indices including CHNComp is mixed, which may indicate 'fact selling'. Positive surprises came from robust growth in GDP, retail sales and a drop in unemployment, but industrial production sent a mixed signal,