Tomi Kilgore

Follow all the latest U.S. market action for Wednesday here.

Boeing got some more bad news about the safety of 737 MAX aircraft, but investors appear to be shaking it off, as the stock was gaining 0.4% in recent premarket trading. The NTSB said it determined that [pedals used to steer the 737 MAX jets on runways could become jammed](https://www.marketwatch.c

Constellation Brands' stock has been rising, and there's reason to believe that upward momentum will continue after the parent of Modelo and Corona beer brands, Kim Crawford wines and Svedka vodka releases fiscal second-quarter results before Thursday's opening bell. S3 Partners said short interest

A recap of Wednesday's market action.

JPMorgan reported Q3 net interest income of $23.41 billion, up 3% from the same period a year ago. That beat the FactSet consensus of $22.69 billion.The bank said factors that drove NII growth included securities reinvestment, higher revolving balances in card services and higher wholesale deposi

JPMorgan Chase's stock tacked on 0.9% in recent premarket trading, after the banking giant reported second-quarter profit and revenue that rose above expectations. Net income was $12.9 billion, or $4.37 a share, compared with $13.15 billion, or $4.33 a share, in the same period a year ago. That bea

With the gains in JPMorgan's stock accelerating after the opening bell, it was now on track to close at the 2nd-highest price ever, based on available FactSet data back go January 1972. Just before the opening bell, the stock was up about 1.2%. It was surging 4.5% in recent trading at $222.48. The

JPMorgan generated a return on common equity of 16%, compared with 18% ROE a year ago, while return on tangible common equity fell to 19% from 22%. In the bank's consumer and community banking business, ROE dropped to 29% from 41%. For the commercial and investment bank, ROE improved to 17% from 14

Analyst Peter Nerby at credit-rating agency Moody's said JPMorgan's third-quarter results highlighted the credit benefits of the banks diversification, as profit growth in the commercial and investment bank business offset some weakness in consumer and community banking. Overall, Nerby noted that t

JPMorgan Chase's stock was surging 4.7% in recent trading following better-than-expected third-quarter earnings, which put it on track for its biggest one-day gain since it rallied 7.6% on Apr