Market Updates

Wall Steet Indexes Advanced and Three Leading Banks Reported Strong Quarterly Results

Barry Adams
14 Apr, 2026
New York City

    Investors in New York and the rest of the world overlooked rising tensions in the Middle East, and crude oil prices edged lower. 

    The S&P 500 Index inched higher 0.3%, and the tech-heavy Nasdaq Composite advanced 0.5% despite the breakdown in talks between the U.S. and Iran. 

    The U.S. and Iran traded accusations, and Israel continued its bombing campaign in southern Lebanon and confiscated territory in Syria.

    The West Texas Intermediate crude oil price decreased 2.2% to $96.81 a barrel, and the international benchmark Brent crude oil price declined 1% to $98.44 a barrel. 

     

    U.S. Movers 

    JPMorgan Chase decreased 0.3% to $313.51 after the financial service provider reported better-than-expected first-quarter results, but the company's net interest margin guidance fell short of market expectations. 

    Wells Fargo & Company declined 2.2% to $84.71, and the financial services company reported weaker than expected first-quarter revenue of $21.5 billion and earnings per share of $1.60. 

    Citigroup Inc. rose 1.2% to $127.80, and the global banking and financial services provider reported first-quarter revenue of $24.6 billion and earnings per share of $3.06. 

     

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