Saturday , 19 August 2017

Home » RESOURCES » INVESTING » Bank stocks trade broadly higher after J.P. Morgan Chase results

Bank stocks trade broadly higher after J.P. Morgan Chase results

Bank stocks were broadly bouncing in premarket trade Thursday, after J.P. Morgan Chase & Co. reported better-than-expected fourth-quarter results. The SPDR Financial ETF rose 0.5%, after closing Wednesday at the lowest level since May 15, 2014. J.P. Morgan Chase’s stock, which closed Wednesday at an 11-month low, climbed 1.9% ahead of Thursday’s open. Among the shares of the XLF’s other more heavily-weighted components seeing early activity, Bank of America Corp.’s rose 1.1%, Citigroup Inc.’s gained 0.7% and Wells Fargo & Co.’s advanced 0.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Bank stocks trade broadly higher after J.P. Morgan Chase results Reviewed by on . Bank stocks were broadly bouncing in premarket trade Thursday, after J.P. Morgan Chase & Co. reported better-than-expected fourth-quarter results. The SPDR Bank stocks were broadly bouncing in premarket trade Thursday, after J.P. Morgan Chase & Co. reported better-than-expected fourth-quarter results. The SPDR Rating:
scroll to top