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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.
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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.
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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.
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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.
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S&P 500, Dow futures muted after big bank earnings, chip slide weighs

S&P 500, Dow futures muted after big bank earnings, chip slide weighs

By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) - Futures linked to the S&P 500 and the Dow were subdued on Tuesday as investors parsed quarterly results from big US banks that kick off the earnings season, while weakness in chip stocks weighed on Nasdaq futures. 
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Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

By Ragini Mathur and Purvi Agarwal Oct 12 (Reuters) - US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week that could potentially steer the Fed's policy
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JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum

JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum

By Manya Saini and Nupur Anand Oct 13 (Reuters) - JPMorgan Chase fell short of quarterly profit estimates for the first time in nearly three years as market volatility and an uncertain economic outlook dampened dealmaking and reduced bond market trading activity in recent months.
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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.
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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.
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US stock futures muted as oil stays above $100 ahead of earnings

US stock futures muted as oil stays above $100 ahead of earnings

Oct 12 (Reuters) - Wall St futures were little changed on Monday as investors monitored oil prices and geopolitical developments ahead of key bank earnings and inflation data due this week that could influence the US Federal Reserve's interest-rate path.
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US stocks hover near their latest record in mixed trading on Wall Street

US stocks hover near their latest record in mixed trading on Wall Street

Stocks kicked off a busy week with mixed trading on Wall Street that is keeping the market hovering around its all-time high set last week
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World stocks dip as chips slide, bonds rise

World stocks dip as chips slide, bonds rise

By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) - World stocks dipped on Tuesday as renewed AI concerns hit high-flying chipmakers, driving investors to the safety of government bonds as tech-heavy stock markets in Asia and the United States felt the brunt of the selloff.