Morgan Stanley delivered quarterly earnings and revenue that surpassed analysts' expectations on Thursday.» Read More
Last week's selloff was not the beginning of the end, says NYSE floor trader Kenny Polcari. Here's why.
Bank of America Corp. rose$. 21 or 1.3 percent, to $15.98. Citigroup Inc. rose $1.58 or 3.5 percent, to $47.26. Goldman Sachs rose $1.67 or 1.1 percent, to $154.39.
The markets have a long checklist to cross off before mounting a comeback, and investors need to watch this tech stock this week, Jim Cramer said.
Citigroup reported quarterly earnings and revenue that beat analysts' expectations on Monday.
*Ukraine's Monday ultimatum to separatists saps risk appetite. *Wall Street eyes first big week of Q1 earnings. LONDON, April 14- There was no let-up for bruised share markets on Monday as growing fears of a military conflict in Ukraine followed last week's heavy sell-off on Wall Street, Tokyo and major European exchanges.
Asian equities were mostly lower on Monday following declines on Wall Street and as tensions between Ukraine and Russia weighed on sentiment.
After Friday saw a mixed start to the first-quarter earnings season from U.S. financials, tell us which bank is your top pick for the long-term.
Bank of America Corp. fell$. 35 or 2.2 percent, to $15.77. Citigroup Inc. fell$. 55 or 1.2 percent, to $45.68. Goldman Sachs fell $3.26 or 2.1 percent, to $152.72.
The week's earlier gains were tied to safe-haven bids and bets the Fed would stick to a near zero rate policy at least into the second half of 2015.
NEW YORK, April 11- U.S. stocks slid in a volatile session on Friday, with the Nasdaq closing below the 4,000 mark for the first time since early February. JPMorgan's disappointing earnings also gave investors a reason to sell some bank stocks.
U.S. stocks declined sharply for a second session Friday.
*JPMorgan slides; Wells Fargo gains after results. NEW YORK, April 11- Selling accelerated in U.S. stocks on Friday as a lousy week came to a close, with biotech and tech shares again leading the Nasdaq lower and JPMorgan's disappointing earnings giving investors a reason to sell some bank stocks.
Tim Sloan, Wells Fargo CFO, breaks down the banks Q1 earnings beat and explains how they are achieving consistent growth.
April 11- JPMorgan Chase& Co executives had an explicit message for shareholders after reporting declining first-quarter earnings: Don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter was a tough one for JPMorgan.
First-quarter earnings looked very different for two of Wall Street's biggest banks. For Wells Fargo, the news was good. For JPMorgan, not so much.
Bank of America Corp. fell$. 14 or. 9 percent, to $15.98. Citigroup Inc. fell$. 34 or. 7 percent, to $45.89. Goldman Sachs fell $2.52 or 1.6 percent, to $153.46.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 2 percent to $35.20 with 34,303,500 shares traded. Alcoa Inc. fell 1.3 percent to $12.54 with 44,879,300 shares traded.
*JPMorgan falls, Wells Fargo gains after results. NEW YORK, April 11- U.S. stocks fell in a volatile session on Friday as biotech shares resumed their downward trend and disappointing earnings from JPMorgan weighed on the financial sector.
Big banks are willing to give up market share in originations to avoid having to service defaulted loans.
*JPMorgan falls, Wells Fargo gains after results. NEW YORK, April 11- U.S. stocks were little changed on Friday, as biotech stocks staged a rebound from a selloff in the prior session, but disappointing earnings from JPMorgan curbed gains.