Home›US Markets›Sectors›Rising rates are clouding sentiment for big banks on W…

Rising rates are clouding sentiment for big banks on Wall Street

Goldman Sachs and JPMorgan reported higher profits, but market tone is turning more cautious as interest rates rise.

Reported · Written up by our desk · Sectors

Goldman Sachs and JPMorgan reported higher profit, but Wall Street sentiment around big banks is becoming more cautious as interest rates continue to rise, according to WSJ Markets.

WSJ Markets frames the shift in mood as a potential problem for large banks, even as they delivered better results during the period.

More like this

Sources