The Dow Jones Industrial Average traded lower in today's stock market but came off the lows of the day. The Nasdaq composite was trading up 0.6% while the S&P 500 rose 0.1%. Early data showed volume was running higher on the Nasdaq and on the NYSE vs the close on Thursday.

JPMorgan earnings per share fell to $3.33, while revenue edged up to $30.35 billion. Despite beating expectations, JPMorgan stock gapped down in heavy volume. Shares were forming a flat-base buy point of 173.06, but now that pattern is uncertain.

Wells Fargo (WFC) also reported better-than-expected earnings early Friday. WFC stock, however, escaped the market's losses and rose over 3.6%. Shares of the money center are currently extended from a 52.76 flat-base buy point.Next week, a slew of banks and other financial companies are reporting fourth-quarter results.

Dow Jones stocks leading the upside on Friday included Chevron (CVX), which gained over 1.7% alongside rising crude oil prices. Energy is another sector outperforming this month. Growth stocks have suffered in recent weeks as bond yields rise. Rising yields tend to make riskier, high-growth opportunities less appealing.
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