JPMorgan Chase dipped slightly despite second-quarter earnings surpassing analyst forecasts, driven by strength in investment banking and trading revenue. Earnings came in at $5.24 a share on Revenue of $45.68 bn vs estimates for EPS of $4.48 on Revenue of $44.06 bn. It was a strong performance in fixed income and investment banking, with trading revenue alone exceeding estimates by nearly $1 bn. JPM also raised its full-year net interest income guidance by $1 bn and posted a lower-than-expected credit loss provision.

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