Tthe market is tanking, with the financial sector taking huge losses.
The Dow is down more than 100.
The culprit? Weak top-line and consumer numbers at JPMorgan.
Let’s see how the big boys are holding up:
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JP Morgan (JPM): -2.42%
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Goldman Sachs (GS): -2.05%
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Morgan Stanley (MS): -3.27%
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Wells Fargo (WFC): -2.41%
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MBIA (MBI): -3.07%
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See Also:
- Wait, Are You Really Surprised That Banks Never Modeled A Housing Downturn?
- Here’s Why The Financial System Isn’t Out Of The Woods, And Still Has A Ton Of Deleveraging To Do
- JPMorgan Earnings Blow Past Expectations, Revenue Looks Light, Consumer Lending Still Very Ugly