JPMorgan posted a rare earnings miss as Goldman Sachs beat by a wide margin

What happened: JPMorgan posted a rare earnings miss while Goldman Sachs beat by a wide margin as big banks opened third-quarter earnings season on Tuesday. Wells Fargo's top line also disappointed analysts. Why it matters: The mixed results from three major banks set a divided tone for the start of the quarterly reporting period, with JPMorgan and Wells Fargo falling short of analyst expectations while Goldman Sachs exceeded them. Key numbers: omit Coverage: 4 outlets in 24h

JPMorgan posted a rare earnings miss while Goldman Sachs beat by a wide margin as big banks opened third-quarter earnings season on Tuesday. Wells Fargo's top line also disappointed analysts.

The mixed results from three major banks set a divided tone for the start of the quarterly reporting period, with JPMorgan and Wells Fargo falling short of analyst expectations while Goldman Sachs exceeded them. Key numbers: omit