Markets Pause as Earnings Momentum Builds Ahead of Bank Week

Big bank profit engines expected to roar into earnings as Main Street keeps spending

Few examples better capture the resurgence of big banks than Jamie Dimon's special retention award, which has swelled in value from over in the last five years to more than $280 million today. As Dimon's bank, JPMorgan Chase, heads into earnings season, analysts expect the country's largest lender…

Markets Pause as Earnings Momentum Builds Ahead of Bank Week

Stocks and commodities are little changed this morning as investors head into the final trading day of a choppy week. With few market-moving catalysts today, attention is increasingly turning to next week’s earnings season, which begins in earnest with several major US banks reporting on Tuesday. Canada’s labour market delivered a stronger-than-expected performance in June, with employment increasing by 18.2K compared with Street expectations fo…