Bank Stocks As Winners In A Down Market

JPMorgan Chase (JPM), Morgan Stanley (MS), Citigroup (C), and Wells Fargo (WFC) kicked off earnings season. "Banks can profit from higher interest rates and strong trading volumes, but they saw weakness in investment banking and capital loan losses," says Renita Young. Bank of America (BAC) and Goldman Sachs (GS) report earnings next week.

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