U.S. stocks move: Major banks post strong Q2 results, Goldman Sachs, JPMorgan, and Bank of America all reach record highs

Glonghui, July 14 — US bank stocks surged across the board. One exchange rose over 7%, another two exchanges gained more than 2%, all reaching historical highs; in addition, one exchange climbed nearly 4%, and three exchanges each gained more than 2%. On the news front, banking stocks are leading the earnings season, kicking off Q2 financial results. Among them, one exchange achieved a net profit of $21.155 billion in the second quarter, a year-on-year increase of 41%, setting a quarterly record high and also marking the highest quarterly profit ever in US banking history. Another exchange's Q2 net revenue surged 39% year-on-year to $20.34 billion, hitting a new record, with net profit up 78% year-on-year. The total revenue of another exchange soared 34% in the quarter to a record $7.1 billion.