Bank results boost Wall St with JPMorgan Chase and Wells Fargo exceeding expectations

From Google: 2024-10-13 17:47:41

Bank results have boosted Wall Street, with JPMorgan Chase exceeding earnings expectations and posting a profit of $9.7 billion. Wells Fargo also reported better-than-expected earnings, attributing its success to lower expenses.

China’s new economic plan has left investors with questions, as it focuses on promoting domestic consumption over exports. This shift comes amid growing tensions with the US over trade, and analysts are waiting to see how this policy will affect international markets.



Read more at Google: Morning Bid: Bank results boost Wall St, China plan leaves questions – Yahoo Canada Finance