JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the nation’s largest banks issued better-than-expected quarterly earnings.These stocks were making moves on Wednesday:JPMorgan Chase was up 2% after the largest U.

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.