https://www.live-feeds.com/feed/stock-market-today-pmorgan-wells-fargo-miss-expectationsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/stock-market-today-pmorgan-wells-fargo-miss-expectationshttps://www.live-feeds.com/feed/stock-market-today-pmorgan-wells-fargo-miss-expectations#u125215Fri, 16 Oct 2026 08:12:59 +0000JPMorgan and Wells Fargo reported third-quarter earnings that missed expectations, kicking off the new reporting season alongside Goldman Sachs and Citigroup. Major indexes reacted with diverging movements as the Dow was set to jump while Nasdaq futures dropped and the broader trading streak cooled. Despite the earnings misses, megabanks posted strong overall third-quarter results driven by consumers paying bills and heavy business investments in artificial intelligence. However, bank leadership warned that inflation could bite future returns. Meanwhile, PNC reported net income reaching $2.1 b