BUZZ-U.S. Stocks on the Move- Bank stocks, Versar, Johnson & Johnson
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U.S. stock index futures were little changed on Tuesday, after the S&P 500 suffered its worst three-day drop since November 2011. Dow Jones industrial average e-mini futures were up 0.47 percent at 16,308, S&P 500 e-mini futures were up 0.67 percent at 1,878 and Nasdaq 100 e-mini futures were up 0.78 percent at 3,828.25.
** JPMORGAN CHASE & CO, Monday close $58.16, -1.65 pct premarket
The biggest U.S. bank posted a third-quarter profit as it moved past the huge legal claims that pushed it into a rare loss in the same quarter last year. The bank recorded net income of $1.36 per share. Analysts had expected earnings of $1.38 per share.
** CITIGROUP INC, Monday close $49.9, +1.96 pct premarket
The bank said it would exit consumer banking in 11 markets, as the most international of the big U.S. banks looks to shrink its way to better profits. Citigroup also reported a 13 percent rise in adjusted third-quarter net profit, helped by better results from its portfolio of troubled assets left over from the financial crisis.