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    Stock Market Today: Stocks End Mixed After Bleak Bank Earnings, Inflation Data

    by Karee Venema Jul 14, 2022 2 minutes

    Stocks' volatility continued Thursday, sparked by a weak start to second-quarter earnings season and another sizzling inflation update.

    On the earnings front, JPMorgan Chase (, -3.5%) this morning said profit in the second quarter was down 28% from the year-ago period, while revenue rose a modest 1%. The financial firm also said it is suspending in order to boost its capital reserves. Fellow big bank (, -0.4%) also saw its profit sink – down 29% year-over-year – while revenue plunged 11%. 

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