- JPMorgan Chase reports second-quarter profit of $6.5 billion or $1.60 a share.
- Net revenue comes in at $26.0 billion.
- The consensus estimate among analysts was EPS of $1.44 on revenues of $24.84 billion.
Wednesday was day replete with interest rates speculation as comments from Federal Reserve Chair Janet Yellen and better-than-expected economic data each contributed to the conversation.
U.S. stocks end mixed Wednesday as Federal Reserve Chair Janet Yellen caps off a day filled with interest rate speculation.
JPMorgan CEO Jamie Dimon sees an economy that is building in momentum. He also says the expected pro-business changes under the new administration are not fully baked in yet.