WSJ - Markets

Banks Get a Wake-Up Call

When the industry leader hits sudden headwinds, it can be bad news for the whole sector.

Bank stocks, which have rallied strongly in recent weeks, ran out of gas on Friday. J.P. Morgan Chase’s downgraded expectations explain why.

The bank reported earnings on Friday, along with rivals Citigroup and Wells Fargo. All three beat analyst…

WSJ.com: Markets

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