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Earnings season kicks off as expected—with a fizzle, not a bang

Ciara Linnane
Earnings season kicks off as expected—with a fizzle, not a bang

The second-quarter earnings season kicked off Friday as forecast with big banks JPMorgan Chase & Co. and Citigroup Inc. beating expectations and Wells Fargo falling short, but all three stocks fizzled in early trade as the numbers failed to inspire investors.