JPMorgan earnings miss, Europe drag stocks lower (AP)

By admin on January 13th, 2012

In this Jan. 10, 2012 file photo, Warren Meyers, left, works with fellow traders on the floor of the New York Stock Exchange. Another set of solid Italian bond auctions on Friday, Jan. 13, 2012, helped sustain the recent optimism in the markets that Europe's debt crisis has calmed down somewhat, though investors think there's still a long way before the situation stabilizes. (AP Photo/Richard Drew, File)AP – Stocks fell in morning trading after a rare earnings miss for JPMorgan Chase, the country’s largest bank, and as reports swirled that European governments may get their ratings cut soon.


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