Update
Goldman Sachs Reports Q3 Earnings
Goldman Sachs reported a 29% year-over-year increase in third-quarter net income to $5.29 billion, with equities trading revenue up 72%. JPMorgan reported revenue of $50.17 billion, up 8%, with equities trading revenue growing 49%. Citigroup reported a 40% increase in quarterly profit to $5.2 billion. Wells Fargo's profit rose 6% to $5.95 billion, although revenue fell short of expectations.