Wednesday, October 13, 2010

J.P. Morgan, banks slightly higher after earnings

BOSTON (MarketWatch) - The Financial Select Sector SPDR Fund (XLF 14.92, 0.08, 0.51%) was up 0.4% in early trading on Wednesday after JP JP Morgan Chase & Co.. (JPM 40.04, -0.36, -0.89%) posted a better-please-EE Rise in Quarterly Net Income Revenue Declined Bout said. J.P. Morgan shares' were flat at last check. The broader stock market was a track for the ITS fourth straight up day is the Hopes of the Federal Reserve will resume Bond Purchases Thurs assist the Economic Recovery.

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