Markets Begin Lower, However, Light Volume Will Likely Keep It Steady
J.P. Morgan Chase & Co (NYSE:JPM) was the first major financial stock to report earnings this morning. The earnings were below analysts expectations and the stock is trading lower by $1.00 to $35.85 a share. The poor results by JPM are causing early declines in many of the other leading financial stocks such as Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS), and Citigroup Inc (NYSE:C). These stocks are simply trading lower in sympathy to JPM. ....Continue reading here: http://bit.ly/wUmPkr
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