Elevated food prices are just one of many new challenges China needs to face in the wake of the coronavirus outbreak.

Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.

UnitedHealth said on Wednesday its second-quarter profit more than doubled, helped by lower medical costs due to a fall in health-care utilization following coronavirus-fueled lockdowns and social distancing.

Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.

PNC Financial’s second-quarter profit more than doubled as the U.S. regional bank recorded a gain from the sale of its position in asset manager BlackRock.

The U.S. State Department said Monday that „Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them.“

„Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy,“ CEO Jamie Dimon said.

Citigroup reported second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue.

Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.

The stocks making the biggest moves in premarket trading include JPMorgan, Delta, Alphabet, Ford, Tesla, and more.