J.P. Morgan, Wells Fargo Report Strong Earnings; Dow Climbs Over 200 Points
This article was originally published on ETFTrends.com.
The Dow Jones Industrial Average climbed over 200 points after better-than-expected earnings reports from the likes of banks, such as J.P.Morgan and Wells Fargo. J.P. Morgan reported a rise in profits of 5 percent to $9.18 billion, or $2.65 a share, versus analysts’ average estimate of $2.35 a share. In addition, revenue went 5 percent [...]