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JPMorgan, Citigroup, Wells Fargo Boast Better-Than-Expected Q2 Results
The first round of bank earnings for the second half concluded on Friday, showcasing generally better-than-expected results from three of the largest U.S. banks: JPMorgan Chase & Co. (NYSE:JPM),
Sector Update: Financial Stocks Edge Higher Premarket Friday
Financial stocks were edging higher premarket Friday as the Financial Select Sector SPDR Fund (XLF) was recently up 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) fell by 0.1% and its
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday as Big Bank Earnings Kick Off Earnings Season
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Friday's premarket activity, as big bank earnings
JP Morgan Chase Q2 Earnings: Investment Banking Revenues Up 46%, CEO Jamie Dimon's Cautious Comment And More
JPMorgan Chase & Co. (NYSE:JPM) shares are trading lower after it reported second-quarter FY24 results.Reported revenue rose 22% Y/Y to $50.2 billion, beating the consensus of $42.3 billion. Net
Tech Stocks Tumble As Small Caps, REITs, Gold Miners Rally; Soft June Inflation Ignites Rate Cut Expectations: What's Driving Markets Thursday?
A lower-than-expected inflation report for June caused wild market reactions, leading to a surge in traders' expectations of Federal Reserve rate cuts and boosting assets that are particularly
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday
Financial stocks were edging higher pre-bell Thursday, with the Financial Select Sector SPDR Fund (XLF) was up 0.2% recently.The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6%, and