- 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.
The New York Times is buying Wirecutter for $30 million, while U.S. banks roll out Zelle, a money-transfer platform.
Stocks closed with gains on Monday as T-Mobile led the Nasdaq amid better-than-expected earnings, while B/E Aerospace soared following announcement of its acquisition by Rockwell Collins.
Stocks stay in the green Monday as M&A and earnings reports lead the market higher, while manufacturing orders rise.