Goldman, BofA and Morgan Stanley in Focus Next on Loans, Rates
- Next round of banks due to report results on Monday, Tuesday
- Bank shares at lowest since November after JPMorgan results
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Investors are watching third-quarter results from Bank of America Corp., Goldman Sachs and Morgan Stanley on Monday and Tuesday for further clues about the economy and lending.
Bank shares are slipping in early afternoon trading on Friday, with the KBW bank index falling as much as 2.7 percent, extending losses into a fourth day, to the lowest level since November 17. Results from JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. were mixed on Friday morning.