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JPMorgan hit by slowdown in investment banking momentum, shares slip

JPMorgan hit by slowdown in investment banking momentum, shares slip

(Corrects to add percentage sign in paragraph 3) Oct 13 (Reuters) - JPMorgan Chase's profit rose in the third quarter, driven by investment banking and trading performance, but its shares fell 3% in premarket trading as a recent slowdown in dealmaking raised concerns about future growth.

Citi profit jumps 40% with higher investment banking, services and wealth revenue

Citi profit jumps 40% with higher investment banking, services and wealth revenue

By Tatiana Bautzer and Prakhar Srivastava Oct 13 (Reuters) - Citigroup's third-quarter profit rose 40% compared to a year earlier, helped by stronger investment banking revenue and transactions with multinational companies as well as higher wealth management earnings.

Exclusive-Bank of America loses bankers, tells staff of big ambition, continued hiring

Exclusive-Bank of America loses bankers, tells staff of big ambition, continued hiring

By Svea Herbst-Bayliss, Saeed Azhar and Milana Vinn NEW YORK, Oct 13 (Reuters) - Bank of America's top leaders had a problem in the first week of August.

Wells Fargo beats profit estimates, NII and revenue fall short

Wells Fargo beats profit estimates, NII and revenue fall short

Oct 13 (Reuters) - Wells Fargo beat Wall Street estimates for third-quarter profit on Tuesday, but missed net interest income and revenue expectations, sending its shares down nearly 1% in volatile premarket trading.

Nasdaq falls ahead of earnings, economic data while oil rallies

Nasdaq falls ahead of earnings, economic data while oil rallies

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.

Wall Street mixed as oil prices surge, investors await earnings, economic data

Wall Street mixed as oil prices surge, investors await earnings, economic data

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - US stock indexes were a mixed bag on Monday as oil prices touched their highest in almost two weeks and technology stocks fell as investors waited for third-quarter earnings season and a raft of key economic releases due later this week.

Oil surge keeps S&P 500, Nasdaq in check before earnings; Salesforce lifts Dow

Oil surge keeps S&P 500, Nasdaq in check before earnings; Salesforce lifts Dow

By Ragini Mathur and Purvi Agarwal Oct 12 (Reuters) - The S&P 500 and the Nasdaq were little changed on Monday, with technology stocks under pressure as oil prices hit about two-week highs ahead of big bank earnings and inflation data due this week that could influence the Fed's monetary policy path

Goldman Sachs quarterly profit rises on equities strength

Goldman Sachs quarterly profit rises on equities strength

By Saeed Azhar and Pritam Biswas Oct 13 (Reuters) - Goldman Sachs on Tuesday posted a higher third-quarter profit as dealmaking remained steady and volatile markets tied to the Middle East conflict boosted the Wall Street giant's equities revenue.

Nasdaq ends lower as oil prices surge ahead of earnings, economic data

Nasdaq ends lower as oil prices surge ahead of earnings, economic data

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.

Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

By Noel Randewich Oct 12 (Reuters) - The rally that has driven the S&P 500 up 14% this year to record highs is masking the fact that more than 4 in 10 stocks in the index are lower in 2026, as the gains are concentrated in a few chipmakers and other AI-related heavyweights.

JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check

JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check

JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check

Asian stocks dive as focus on earnings, geopolitics

Asian stocks dive as focus on earnings, geopolitics

By Ankur Banerjee SINGAPORE, Oct 13 (Reuters) - Asian equities fell sharply on Tuesday led by technology shares as a widening conflict in the Middle East kept oil prices elevated, supporting the dollar ahead of an earnings season that will set the tone for the rest of the year.