Nine of the US’ largest lenders are releasing second-quarter earnings reports this week, sparking a mixed reaction from investors. The reports come as markets experience turmoil.
Investors will be tracking the results from major banks such as JPMorgan Chase, Wells Fargo, and Bank of America, as well as key custody banks like BlackRock and Bank of New York Mellon. On Wednesday, Morgan Stanley and Goldman Sachs are also set to release their earnings figures.
The mixed reactions indicate a volatile market, with investors reacting cautiously to the reports. The second-quarter earnings season is crucial for gauging the health of the US financial sector.
Source: https://www.barrons.com/livecoverage/wells-fargo-jp-morgan-morgan-stanley-blackrock-bny-mellon-earnings