Tuesday's Final Takeaways: Big Day for Big Banks & Powell's Commentary
We'll close our show out like we do every day with some thoughts on the session. Of course, we got our first look at big bank financial earnings today. Saw a lot of record numbers in the mix for Q3.JP Morgan Chase topped expectations with a 12% jump in net income on EPS of $5.7% that surpassed expectations. CEO Jamie Diamond warned of uncertainty ahead though, citing geopolitical tensions, tariffs, and sticky inflation risk, leading shares to close the day down almost 2%. Wells Fargo posted net income of 5. ...