Big Banks Top Earnings Estimates But China Chip Warnings Weigh on Tech Stocks
- JPMorgan Chase, Citigroup, and Wells Fargo top Q1 earnings estimates but net interest income mixed
- Stock futures edge lower after inflation data causes rollercoaster week
- Chinese officials warn telecoms to pivot from American chips by 2027
- Semiconductor stocks Intel and AMD down over 2% on China chip warnings
- Big bank earnings kicking off broader Q1 season