China trade war intensified and as investors turned their attention to earnings reports from some of the largest U.S.

Jamie Dimon of JPMorgan flagged “potential negatives” to tariffs as his and other big banks revealed their latest earnings.

The Bank of New York Mellon Corporation (BNY) released its first-quarter report on Friday, kicking off bank earnings in 2025.

The bank reported a 21% increase in profit to $1.15 billion, which met analyst estimates. Net interest income, or the ...