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Tuesday's Final Takeaways: Big Day for Big Banks & Powell's Commentary
Youtube· 2025-10-15 05:00
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. ...