
Big Banks Lead U.S. Stocks Lower
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Plus: Diesel futures rise to their highest level in two weeks. And Johnson & Johnson’s stock falls after the healthcare bellwether’s earnings report. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertisi
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Here's your closing bell brief for Tuesday, October 13th. I'm Pierre Bien-Amé for the Wall Street Journal. US stocks struggled today despite a solid start to earnings season on Wall Street. JP Morgan, Goldman Sachs, Wells Fargo and Citigroup reported higher profits this morning,
but their shares all closed lower. Citi was the biggest loser shedding more than 5.5%. The big banks set the tone for a sluggish day in stocks, the Dow fell a third of a percent, the Nasdaq lost 0.15%, and the S&P 500 edged slightly lower.
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