Earnings Report

Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading.

Trading revenue fell 18 percent to $3.61 billion in the period.

Citigroup, like its large rivals, is aiming to bounce back from a tough fourth quarter.

The big investment bank’s trading revenue dropped 18 percent to $3.61 billion compared with the year-ago quarter.

U.S. stocks moved broadly higher in early trading Friday on Wall Street, putting the market on track for gains at the end of a shaky week.

Stocks that moved substantially or traded heavily on Friday: Anadarko Petroleum Corp., up $14.98 to $61.78 Chevron will buy the rival oil company for $33 billion as it seeks more growth from deep-water exploration in the gulf and in the Permian Basin.

Stocks at 6 month high after better-than-expected results from J.P. Morgan, energy sector merger

SAN FRANCISCO — Wells Fargo is reporting first-quarter profit of $5.86 billion, up from $5.14 billion a year ago.

The troubled lender is conducting a high-profile search for its next CEO.

JPMorgan Chase is reporting that its first-quarter profits rose 5% from a year earlier, helped largely by higher interest rates, which have allowed banks like JPMorgan to charge more for loans.

The largest bank in the U.S. said in its release that profit rose by 5 percent to $9.18 billion, or $2.65 per share.

U.S. stocks moved slightly higher in early trading Thursday as investors prepare for the latest round of corporate earnings.

Stocks struggled to a mixed finish on Wall Street Thursday after an early rally sputtered.

Stocks that moved substantially or traded heavily on Thursday: Tesla Inc., down $7.64 to $268.42

Overall though first-quarter earnings for the S&P 500 are expected to suffer the first decline in nearly three years.

Revenue in the lender's three main divisions all fell in 2018.

U.S. stocks moved broadly higher in early trading Wednesday on Wall Street, reversing course from a downturn that ended an eight-day winning streak.

Delta is reporting a 30 percent profit surge from the first quarter and its outlook for the current quarter is pushing company shares higher before the opening bell.