While you were sleeping: JPMorgan Chase, Citigroup fall

Thu, 12 Oct 2017

By Margreet Dietz Oct. 13 (BusinessDesk) - Wall Street slipped, after touching record highs earlier in the day, as shares of JPMorgan Chase and those of Citigroup fell after the US banks posted quarterly earnings. Shares of JPMorgan Chase traded 0.8 percent weaker as of 2.35pm in New York, while those of Citigroup were 2.5 percent lower, even as both banks beat analysts’ expectations. “The results were solid but not exceptional,” Morningstar analyst Jim Sinegal said about JPMorgan Chase, according to Reuters. Shares of Bank of Amer...

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