Stocks fell, dragged down by banks

Stocks fell on friday after JPMorgan Chase & Co, the first major bank to report earnings, reported heavy losses on mortgage and credit cards. JPMorgan shares fell 2.3%, raising concerns about bank profits as the other banks start reporting their results this week.

DJIA -100.90pts (0.94%) at 10609.65

S&P -12.43pts (1.08%) at 1136.03

Nasdaq -28.75pts (1.24%) at 2287.99

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