Bank earnings just landed with a split verdict. JPMorgan ($JPM) missed earnings expectations for the first time in about three years, with fixed-income trading revenue unexpectedly down 4%. CEO Jamie Dimon warned financial pain could worsen if rates climb further. Goldman Sachs ($GS) was the day's standout instead: revenue jumped 23% to $18.68 billion as equities trading revenue surged 72%. Citigroup ($C) beat expectations too, posting its strongest third-quarter revenue in a decade. Banks open earnings season, so a mixed start here can set the tone for weeks of corporate reports. Not financial advice.
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