Wall Street first-half profits hit $45.9 billion, up 51.3%

Wall Street's securities industry earned $45.9 billion pre-tax in first-half 2026, up from $30.4 billion a year earlier, the State Comptroller reported Oct. 6, 2026. The office forecasts over $90 billion for the full year. I'm cautious: trading-heavy profits can reverse fast, and forecasts are not results.