Business
Dow opens lower; JPMorgan posts record earnings as banks report earnings
All eyes are on the bank’s earnings this morning.
Shares pushed higher and headed for weekly gains. The bad news? The recent rally seems to have caught many traders off guard. Bearish bets on stocks hit some of their highest levels in a decade ahead of the recent stock rally.
Other corners of the market are also heating up. The companies are starting to borrow again after a turbulence in the treasury market. The Journal̵[ads1]7;s Sam Goldfarb dives into the bond market here.
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