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The second quarter of the US stock market's earnings season begins.
JST data, July 11th, this Friday, a number of bank stocks including JPMorgan Chase (JPM.N), Wells Fargo (WFC.N), and Citigroup (C.N) will successively release their earnings. According to Factset's estimates, analysts expect the S&P 500 index's Q2 earnings to increase by 8.8%. The earnings growth for financial stocks in Q4 is expected to jump by over 40%.