Bank stocks fell sharply in pre-market trading
Although all major banks delivered results that far exceeded market expectations, among the banks that released financial reports today, only Shares rose in pre-market trading. With 40 minutes left before the official opening of the New York stock market, Goldman Sachs' stock price rose 3.6%. The remaining four major banks were all down between 1% and 2% before the market opened, while S&P 500 stock index futures rose 0.2%. fell 2.1%, Citigroup fell 1.7%, Before the financial report was released, analysts had said that the market may have already digested the benefits brought by the bank's huge profits in advance. The JPMorgan Chase research team under Baird Company wrote in a research report to clients: "We believe that the slight weakness in today's stock price is due to the market's previous high expectations, rather than hidden dangers in the financial report itself." JPMorgan's results also included a large one-time gain related to its stake in Visa, which was unlikely to boost its stock price.