There were plenty of data points for investors to digest on Tuesday, as a slew of bank earnings reports came in just hours ahead of the June consumer-price index inflation report.
JPMorgan Chase slipped 1.4% ahead of the opening bell, even after the Wall Street giant's second-quarter earnings and revenue topped analysts' expectations. Bank of America added 1.9% and Wells Fargo climbed 1.4% following their own second-quarter beats.
Citigroup and Goldman Sachs are both also set to report their second-quarter earnings on Tuesday.
These stocks were also making moves in premarket trading:
International Business Machines plunged 14% after the IT company's second-quarter adjusted earnings and revenue missed analysts' targets.
Advanced Micro Devices climbed 2%, Intel rose 2.5%, Micron added 3.4%, and Nvidia edged up 0.4% as investors piled back into chip makers, which took a battering on Monday.
Apple declined 0.8% after KeyBanc analyst Brandon Nispel downgraded the stock to Underweight. citing slowing iPhone, MacBook, and iPad sales.
BP rose 1.5% after the British energy major said it expects to make more money from oil trading, as a flare-up in tensions in the Middle East triggers swings in crude prices.
Write to George Glover at george.glover@dowjones.com
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(END) Dow Jones Newswires
July 14, 2026 07:24 ET (11:24 GMT)
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