BUZZ-US big banks climb after Trump cancels planned strikes on Iran
Citigroup
Bank Of America
Wells Fargo
Morgan Stanley
Jpmorgan Chase
Citigroup C | 0.00 | |
Bank Of America BAC | 0.00 | |
Wells Fargo WFC | 0.00 | |
Morgan Stanley MS | 0.00 | |
Jpmorgan Chase JPM | 0.00 |
** Shares of U.S. big banks edged up after U.S. President Donald Trump cancels strikes against Iran that had been scheduled for later in the evening
** JPMorgan Chase JPM.N rises 1.5%, Bank of America GS.N 1.2%, Wells Fargo WFC.N 1% and Citigroup C.N 2.8%
** Goldman Sachs GS.N up 2.2% and Morgan Stanley MS.N up 2.1%
** Trump had previously said that U.S. would hit Iran "very hard tonight" and wanted at some point to take Iran's oil infrastructure hub Kharg Island, after a second day of strikes by both sides in the Gulf threatened a return to all-out war