JPMorgan Chase's profit fell in the second quarter, reflecting a difficult comparison to last year when the bank had recorded a one-time accounting gain.
JPMorgan Chase reports earnings before the market open on Tuesday. Analysts expect earnings per share of $4.48 and revenue of $44.16 billion, according to LSEG.
JPMorgan Chase has created a new unit aimed at providing alternative financing strategies to clients, according to an internal memo seen by Reuters on Monday.
JPMorgan, Wells Fargo lead the parade of banks whose quarterly results may offer clues on how consumers and companies fared during a volatile period. The S&P 500 climbed 0.1%, and the Nasdaq composite rose 0.3% to a record.
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