Yesterday US markets closed higher again, extending the recent appreciation. In addition to the positive environment that has marked the last few sessions, the American indices were boosted by good results from JP Morgan and its effect on stocks of other banks. JP Morgan reached in the 2nd quarter an unexpected increase in profits, with the unadjusted EPS reaching 1.55 USD compared to 1.54 USD in the same period of 2015. Revenues amounted to 25200 M.USD. These figures exceeded the forecasts of analysts who foresaw an EPS of 1.43 USD and revenue 24300 M.USD. The increase in the credit transfer as well as increased activity of the credit cards unit allowed the bank to overcome a very adverse environment. JP Morgan’s shares rose 2%. Today, the earnings season continues with Wells Fargo and Citigroup. The results of Wells Fargo are particularly relevant to the assessment of the situation of the provision of credit to the extent that this institution is the largest lender in the country. The results of JP Morgan improved investor sentiment towards the banking sector, which had previously been penalized by the gradual decline analysts’ estimates and the reduction of perspectives regarding possible increases in US interest rates.