Based in Dallas, Comerica has 435 bank locations in Texas, California, Michigan, Arizona and Florida, with some select business lines in several other states, Canada and Mexico. The company organizes its business into three segments: The Business Bank, The Retail Bank, and Wealth Management.

Stocks edged higher on Wednesday morning despite increased U.S.-China tensions, as the U.S. accused China of stealing scientific research and ordered it to close its consulate in Houston. Meanwhile, the Trump administration announced that it would pay Pfizer and partner BioNTech $1.95 billion for 600 million doses of their coronavirus vaccine if it proves to be safe and effective. The two companies also said that they could manufacture the first 100 million doses by December. The Dow rose 0.4%, the S&P 0.4%, and the Nasdaq 0.2%. Crude oil traded near $41 per barrel, while gold rose $12 to $1856 per ounce.

Stocks rose on Friday against the backdrop of improving oil prices and the signing of an expansion of the Paycheck Protection Program. The Dow Jones Industrial Average added 1.1%, the Nasdaq Composite was up 1.7% and the S&P 500 climbed 1.4%. Tumbling oil prices earlier in the week, however, weighed on the benchmarks, leading to declines after two strong weeks of gains. The Dow fell 1.9%, the Nasdaq retreated by 0.2%, and the S&P 500 was down 1.3%. Year-to-date losses are now 16.7% for the Dow, 3.8% for the Nasdaq and 12.2% for the S&P 500.

Based in Dallas, Comerica has 434 bank locations in Texas, California, Michigan, Arizona and Florida, with some select business lines in several other states, Canada and Mexico. The company organizes its business into three segments: The Business Bank, The Retail Bank and Wealth Management.