Last Update July 14, 2023 06:14pm EST

Stock Market News: JPMorgan, Wells Fargo, Citi results, Microsoft rallies

The Dow, S&P 500 and Nasdaq head for weekly gains as investor digest earnings from JPMorgan, Citigroup and Wells Fargo. Microsoft shares tick higher after UBS upgrade and the U.S. dollar falls to a 15-month low. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

Covered by: FOX Business Team

4Posts

04:13 PM, July 14, 2023

JetBlue, American Airlines ending alliance

Symbol	Price	Change	%Change
JBLU	$8.05	-0.32	-3.82
AAL	$18.10	-0.35	-1.90

JetBlue, American Airlines ending popular benefits as alliance winds down

JetBlue Airways announced that it is ending popular customer benefits as it continues to wind down its partnership with American Airlines, which began in 2021.

Perks are ending for passengers on JetBlue and/or American Airlines as their alliance comes to a close.

Posted by FOX Business Team

04:10 PM, July 14, 2023

JPMorgan earnings

JPMorgan Chase profit jumps, helped by First Republic purchase

JPMorgan Chase said on Friday that the bank’s profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the purchase of First Republic Bank.

JPMorgan's quarterly results got a nice boost from its acquisition or rescue of First Republic assets.

Jpmorgan Chase Co.

$

149.84

Posted by FOX Business Team

09:44 AM, July 14, 2023

UPS strike looms

UPS strike could be the most expensive in 100 years

A UPS strike could start at the beginning of August, and the work stoppage could be the most expensive in at least a century, according to a new report.

With talks between the Teamsters and UPS currently stalled, economists have begun waving the red flag over what a potential strike could mean.

United Parcel Service Inc.

$

185.36

Posted by FOX Business Team

08:58 AM, July 14, 2023

Student loan latest

After the Supreme Court struck down President Biden's student loan forgiveness plan, he pushes new option.

Biden administration forgives $39 billion in student loan debt to more than 800,000 borrowers

The Biden administration announced Friday that it will provide $39 billion in automatic loan forgiveness for federal student loans.

Posted by FOX Business Team

Coverage for this event has ended.