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Bank stocks rise on JPMorgan, Goldman earnings as chip stocks fall: AlphaCheck - Yahoo Finance

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Ines Ferré
Bank stocks rise on JPMorgan, Goldman earnings as chip stocks fall: AlphaCheck - Yahoo Finance
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Stock markets showed mixed results as strong earnings from major banks like JPMorgan and Goldman Sachs were offset by a sell-off in semiconductor stocks. Meanwhile, Microsoft shares rose following the announcement of a new AI chip.

Why it matters

This reflects current market volatility and the shifting investor focus between traditional financial sectors and the tech/AI industry.

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Bank stocks rise on JPMorgan, Goldman earnings as chip stocks fall: AlphaCheck Ines Ferré · Senior Business Reporter Tue, October 13, 2026 at 9:55 PM GMT+8 1 min read XLK -3.02% AMD -5.75% NVDA -3.41% MU -3.30% CL=F +1.92% Good morning. Stocks were mixed on Tuesday as banks kicked off earnings season and semiconductor stocks sold off.

Financial Services ( XLF ) led gains on the Dow Jones Industrial Average ( ^DJI ) after shares of JPMorgan ( JPM ) and Goldman Sachs ( GS ) rose following the banks' quarterly results .

Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .

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