The earnings season kicked off Friday as JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) released quarterly results, with executives cautioning that while the economy has remained resilient, persistently high inflation and elevated interest rates could have negative impacts.
JPMorgan shares suffered the most in Friday's session, falling 6.5%, while Citi shares lost 1.7% and Wells Fargo shares finished 0.4% lower.
