NEW YORK: Falling banking stocks dragged the main US market indices down Thursday amid worry about fallout from a Greek default, but Apple and Netflix helped the Nasdaq gain for a fourth straight day.
The Dow Jones Industrial Average was down 40.72 points (0.35 percent) to 11,478.13 in closing trade.
The S&P 500, a broader measure of the markets, fell 3.59 (0.30 percent) to 1,203.66, while the tech-heavy Nasdaq Composite gained 15.51 points (0.60 percent) to 2,620.24.
JPMorgan Chase lost 4.7 percent despite reporting better-than-expected third-quarter figures, with profits falling only slightly thanks to a $1.9 billion risk accounting revision.
Acknowledging a "challenging investment banking and capital markets environment," the bank reported a profit of $4.3 billion, down four percent from the same quarter in the previous year.
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