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Stocks Fall on Higher European Borrowing Costs

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  • Description

    FBN's Ashley Webster breaks down afternoon market news.

  • Duration 0:59
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I'm actually left -- Fox Business three stocks is simply have moving blow up the worries about Europe return the declines basically wiping out almost half.

But the market's big gains yesterday right now the Dow off.

By some seven.

2%.

Down seven basis points today and kicking off earnings season for banks on a high note.

JPMorgan's profit for the first quarter came in had a dollar 31 cents a share that helps -- -- for -- dollar -- eighteen -- revenue also better than expected at 27 point four billion dollars and the -- -- -- its dividend.

To thirty cents a share.

And announcing a fifteen billion dollar share buyback plan.

Wells Fargo also topping estimates with profits rising 13% from the year ago helped by strong mortgage banking business that is the very latest from the Fox Business Network.

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