JPM, WFC, G: Big Banks Surprise To The Upside

We saw three big banks, JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C), beat estimates and really surprise the street on the upside, notes Codie Sanchez. She and Alexander Yokum discuss bank earnings. Codie mentions that investment banking just hasn't rallied again given volatile capital markets. They talk about what to watch for in bank stocks such as Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) for the rest of the year. They then go over the state of the consumer in the current climate. Tune in to find out more about the stock market today.