Stock futures mixed even as jobless claims fall and JPMorgan earnings beat estimates

NEW YORK — Stock futures were trading in a narrow range Thursday as an unexpected drop in new jobless claims and a strong earnings report from JPMorgan Chase & Co. was tempered by concern that a top lender to small businesses could collapse.

Stock futures moved higher after better-than-expected weekly jobless data

NEW YORK — Stock futures are mostly higher after a report showed new unemployment insurance claims unexpectedly fell last week.

Government refusal to bail out CIT may send lender into bankruptcy, untold market consequences

WASHINGTON — CIT Group Inc. shares tumbled more than 70 percent Thursday as its inability to get emergency government funding raised expectations that the commercial lender will file for bankruptcy protection.

JPMorgan Chase posts 2nd-quarter profit of $2.72 billion helped by investment banking business

CHARLOTTE, N.C. — JPMorgan Chase & Co. posted a 36 percent jump in second-quarter profit Thursday, easily surpassing analysts’ expectations, as strength in investment banking offset higher credit losses.

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