JPMorgan Chase — Shares fell slightly even after the bank reported stronger-than-expected results for the second quarter, as it benefited from higher interest rates and better-than-expected bond trading.
Wells Fargo — Wells Fargo shares rose slightly after the Wall Street firm topped second-quarter expectations.
The Wall Street firm also said AT&T's exposure to cable may limit the upside for shares.
Alcoa — The aluminum stock fell 4.9% following a downgrade to neutral from overweight by JPMorgan.
Eli Lilly — The pharmaceutical stock rose 3% in midday trading.
Persons:
JPMorgan Chase, Wells, UnitedHealth, Eli Lilly, Yun Li, Alex Harring, Sarah Min, Michelle Fox
Organizations:
JPMorgan, JPMorgan Chase —, Elevance, Citigroup —, JetBlue Airways, American Airlines — JetBlue Airways, American Airlines, Microsoft, UBS, Blackrock —, Alcoa, Progressive
Locations:
Wells, York