$GS beat EPS by 30% and the stock closed lower.
Q3 EPS $17.01 vs $13.02 est, equities revenue +72% to $6.44B. Up ~4% premarket, closed -0.2%.
$JPM missed: $5.57 vs $5.90 ($5.75 ex a $658M securities loss), revenue +8% to $50.2B. Closed -0.9%.
$UNH opened up ~5% on a beat and a raised 2026 outlook. It closed -0.2%.
$JNJ also raised full-year guidance and closed -5.7%: MedTech missed and a talc settlement charge cut net profit 96% YoY.
Raising guidance wasn't enough for either today.
$UNH consolidating after a pullback from July highs. Watch Oct 1, when UnitedHealthcare drops prior-auth requirements on 1,700 medical services. Market's still skeptical it won't pressure thin margins.
📊 Midday Market Pulse (Fri 9/25, ~12pm ET)
Stocks are little changed at midday — Dow/S&P hovering near flat, Nasdaq flat too. Easing Treasury yields (10Y back to ~5.17-5.2% from overnight highs) offsetting a weak consumer sentiment print. 🧵
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