JPMorgan Profit Slump Weighs on Dow
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 13 January 2026
⏱️ 3 minutes
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Summary
Transcript
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| 0:00.0 | As companies seek to close growing gaps in skills and talent, |
| 0:04.0 | Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills. |
| 0:10.0 | There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain? |
| 0:25.4 | By performing a skills inventory, leaders can truly understand where their efforts should be focused. |
| 0:28.0 | Being blind to those gaps is the real miss. |
| 0:32.6 | Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent. |
| 0:42.9 | Here's your closing bell brief for Tuesday, January 13th. I'm Catherine Sullivan for the Wall Street Journal. |
| 0:55.7 | U.S. stocks finished lower today. The Dow fell 0.8%. It lagged behind other major indexes, with the S&P 500 down 2 tenths of a percent, and the NASDAQ down one-tenth of a percent. |
| 0:59.1 | Investors focused on new inflation data for December, |
| 1:02.6 | headline prices rose 2.7 percent from a year ago, |
| 1:05.4 | and core inflation was softer than analysts' forecast. |
| 1:08.2 | Treasury yields also slipped following the report. |
| 1:13.4 | Oil prices finished 2.8% higher. Among individual companies, |
| 1:20.2 | J.P. Morgan Chase shares dropped 4%. The bank reported a 7% drop in quarterly profit, which also weighed on the Dow. Revenue for the period also missed forecasts. The firm took a $2.2 billion |
| 1:26.4 | charge for potential future losses related to the |
| 1:29.4 | purchase of Apple's credit card program. Delta Airlines stock fell over 2% today. The government |
| 1:36.1 | shutdown cut $200 million from its pre-tax quarterly profit and caused its adjusted revenue to |
| 1:42.3 | miss expectations. The company also announced a new order for |
| 1:46.1 | Boeing Jets. And Revity shares jumped 6% after the Health Sciences company increased its annual |
| 1:52.9 | earnings guidance. Heads up, an artificial intelligence tool helped us make this episode |
| 1:57.9 | by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor. |
| 2:03.8 | We'll have a lot more coverage of the day's news on the WSJ's What's News podcast. |
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