JPM, Citigroup, PNC and Wells Fargo reports tomorrow
The earnings season really gets going tomorrow (it seems like last month the earnings were last released doesn't it) with a cluster of key bank earnings:
- JP Morgans $2.28 estimate. Today up 2.50%.
- Citigroup, $1.61 estimate. Today up 3.32%
- PNC Financial Services Group, $2.43 estimate. Today up 1.98%
- Wells Fargo, $1.07 estimate. Today up 1.46%
The main driver tomorrow will be JP Morgan and Citigroup. Bank of America will report on Monday.
For the day, the major indices are closing with solid gains:
- S&P index rose 21.8 points or 0.83% at 2663.99 . The high reached 2674.32. The low extended to 2653.83.
- Nasdaq index rose 72.22 points or 1.01% at 7140.246 . The high reached 7166.00. The low extended to 7105.09
- Dow rose 293.60 points or 1.21% at 24483.05. The high reached 24592.12. The low extended to 24302.82.
