JPMorgan's third quarter profits rose 7% due to a recovering U.S. economy and rising interest rates, which outweighed falling trading and investment banking revenues. The bank's results were generally in-line with analyst estimates, helping to justify a 40% surge in its stock in the past year.
from Forbes Real Time https://www.forbes.com/sites/antoinegara/2017/10/12/recovering-economy-and-rising-interest-rates-help-jpmorgan-overcome-wall-streets-malaise/
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