Earnings Reports From Wall Street Banks Offer Mixed Results

Jul 13, 2018

According to Reuters, optimism for second quarter earnings reports floundered as the top three banks on Wall Street posted mixed results.JPMorgan fared the best during early morning trading on July 13th, dipping by only 0.2-percent despite posting profits that beat expectations.Wells Fargo dropped by almost 2-percent after posting profits that fell below expectations, due to slower lending and increased costs.