Stock futures indicated Wall Street would trade lower Thursday as investors digested the first batch of earnings from big U.S. banks. S&P 500 futures were down 1.4%, and Dow Jones Industrial Average futures lost 1.4%. JPMorgan Chase (ticker: JPM) stock was down 3.1% after the bank reported earnings for its second quarter that missed Wall Street expectations and the lender said it was temporarily suspending stock buybacks. Read More...
Stock futures indicated Wall Street would trade lower Thursday as investors digested the first batch of earnings from big U.S. banks. S&P 500 futures were down 1.4%, and Dow Jones Industrial Average futures lost 1.4%. JPMorgan Chase (ticker: JPM) stock was down 3.1% after the bank reported earnings for its second quarter that missed Wall Street expectations and the lender said it was temporarily suspending stock buybacks.
