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Global stocks down as U.S. banks drag; oil up as Syria angst lingers

Reuters  |  NEW YORK 

By Rodrigo CamposNEW YORK (Reuters) - A gauge of stocks across the world fell on Friday but was on track to end the week with its strongest performance in five, while crude oil added to recent gains that drove it to highs not seen since late 2014.Banks stocks led Wall Street lower, with JPMorgan down 3.0 percent after its earnings missed estimates. Scott Brown, chief economist at Raymond James in St. Petersburg, Florida, said stock prices have taken in much of the heightened expectations on earnings."This has not been the typical pre-earnings season where you're talking down expectations. ...

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First Published: Fri, April 13 2018. 22:37 IST
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