The nation’s second-largest bank by assets said third-quarter income rose 23% to $4.4 billion, or $1.01 a share. While investment and retail banking revenue slipped, JPMorgan was able to set aside less money to cover bad loans,…
Regardless of where the index stands, since the Dow gets so much attention, it’s interesting to note how its components are pushing and pulling on the measure. Let’s look at how the various component stocks are performing.
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Stocks rose Friday and the Dow crossed the 11,000 level for the first time since early May. September’s dismal jobs reports raised traders’ expectations for another round of monetary easing from the Federal Reserve.
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The Dow surged nearly 200 points, while inflation fears propelled gold to another record close.
The Institute for Supply Management said its services index rose to 53.2 last month from 51.5 in August. Economists had expected t…
Stocks kicked off the final quarter of the year with moderate gains Friday as more encouraging data on consumer spending, consumer sentiment and auto sales were partly offset by a slowdown in manufacturing activity.
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