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JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, dashing hopes that consumer credit is on the mend and sending the bank's shares down 2.1 percent.

JPMorgan Beats Views; Detroit's High Tech Cars; Mobile Leaders Sued

Wall Street stumbled on Friday, weighed by banking stocks after disappointing results from JPMorgan Chase & Co set a gloomy tone for the coming week's earnings.

U.S. stock index futures pointed to a lower open on Friday as disappointing results from JPMorgan Chase & Co pressured banking stocks.

S&P 500 index futures are trading down 5.2 points from yesterday's close and JPMorgan shares are down 0.67% in pre-market trading.

U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.

JPMorgan Chase & Co reported better-than-expected fourth-quarter profit on Friday, but losses on mortgages and commercial loans continued to rise and its shares fell nearly 2 percent in premarket trading.

U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.

JPMorgan Chase & Co. is set to report earnings tomorrow at 7:00 a.m., New York time. Analysts are expecting earnings of $0.61 per share, according to data compile by FactSet.

U.S. stocks rose on Wednesday as investors bet on recently weakened technology and financial shares ahead of earnings from bellwethers Intel Corp and JPMorgan Chase & Co , taking the Dow industrials to a fresh 15-month high.

Fourth-quarter U.S. bank results will show anemic lending and still-rising credit losses, but investors are focused more on 2010 outlooks for signs that the fledgling recovery might take hold this year, analysts said.

U.S. stocks rose on Wednesday as investors bought financial and technology shares ahead of earnings from bellwethers Intel Corp and JPMorgan Chase & Co later this week.

Top executives of Wall Street's biggest banks acknowledged broad failures as they testified to a U.S. commission looking into the financial crisis, while the White House said an industry apology was in order.

Goldman Sachs defended its role in creating securities at the center of the financial crisis under tough questioning from a U.S. commission investigating the 2008 meltdown.

U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.

U.S. bank stocks fell on Tuesday after reports that the Obama administration might charge banks more than $100 billion made investors worry about the sector's profits.

U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.

Stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.

U.S. stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.

The U.S. government has provided more than $1 trillion of support to financial companies in a bid to keep credit flowing to the U.S. economy.

The White House and New York's top prosecutor attacked excessive Wall Street bonuses, as the nation's biggest banks prepare to hand out awards critics say were made possible by taxpayer bailouts.

Controversial Wall Street bonuses will be in focus on Monday as New York Attorney General Andrew Cuomo plans a midday announcement on the payouts.

The Dow and the S&P 500 fell on Friday after an unexpectedly weak employment report cast doubts on prospects for a quick rebound in the labor market.

Fourth-quarter earnings for the big U.S. investment banks could disappoint investors if falling debt trading volumes hurt what had been the banks' key profit engines in the first three quarters of 2009.

Royal Bank of Scotland (RBS.L) and Sempra Energy (SRE.N) have received bids for their commodities joint venture from a trio of banks keen to expand in the booming business, a person familiar with the matter said.

Royal Bank of Scotland (RBS.L) and U.S. group Sempra Energy (SRE.N) have received a trio of bids worth about $4 billion for their commodities joint venture, a person familiar with the matter said on Thursday.

Anglo-French property investor Hammerson said on Monday it has sold a Paris office building to a client of Invesco for 84.5 million euros, about 14 percent below book value.

Former Citigroup Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews.

Washington Mutual Inc said it could receive an additional $2.6 billion in tax refunds due to a recently enacted law, sending shares of the bankrupt bank holding company soaring on Thursday.