Markets News Afternoon: JPMorgan Chase earnings surprise boosts banking shares; Dow heads towards 10,000 again; Shares rise in Europe
Oct 14th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; JPMorgan Chase & Co., the major US bank which came through the financial crisis, in a very strong position, today reported robust third-quarter earnings as its thriving investment banking business more than offset rising loan losses that the bank warned would continue for the foreseeable future.