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Wall Street kicks off earnings season with JPMorgan Chase

U.S. stock-index futures ticked higher on Tuesday as it absorbed fourth-quarter earnings from JPMorgan Chase (JPM), the first of the major investment banks to report.

A gauge of U.S. consumer spending , while Import prices were unchanged versus a 0.3 percent estimate.

JPMorgan's net income fell to $5.28 billion, or $1.30 per share, in the fourth quarter from $5.69 billion, or $1.39 per share in the same quarter of 2012, JPMorgan said on Tuesday. Excluding items, the company reported earnings of $1.40 a share.

Analysts polled by Reuters had expected the Dow component to post earnings per share of $1.35 a share on revenue of $23.69 billion.

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Wells Fargo reported an 11 percent rise in , with shares of the nation's biggest mortgage lender slipping in pre-market trade.


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