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14 Oct

Wall Street jumps on JPMorgan, Intel results (Reuters)

Posted in business on 14.10.09

The JPMorgan Chase building in New York City, seen here in 2008. JPMorgan Chase said Wednesday its third quarter profit jumped to 3.6 billion dollars in a further sign of the rebounding fortunes of the banking sector.(AFP/Getty Images/file/Chris Hondros)Reuters – Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.



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