Friday, October 12 15:43:08
U.S. stocks opened flat today as investors digested results from a pair of major banks and data showed inflation pressure remained in check.
Shares of JPMorgan Chase and Wells Fargo both fell after their results, even though JPMorgan posted record profits.
Wells Fargo dropped 4 percent to $33.77 while JPMorgan was off 1.8 percent at $41.33.
The Dow Jones industrial average was up 17.07 points, or 0.13 percent, at 13,343.46.
The Standard and Poor's 500 Index was down 0.30 points, or 0.02 percent, at 1,432.54. The Nasdaq Composite Index was down 0.09 points, or 0.00 percent, at 3,049.32.