Bank of America separately reported its latest earnings on Tuesday, and in keeping with theme it beat analyst forecasts. Although its profit in the third quarter fell more than 10 percent from the same period last year, the decline was not as steep as expected, bolstered by a jump in trading revenue and investment-banking fees.

The bank reported growth in investment banking and asset and wealth management. Bank of America and Citigroup also showed robust dealmaking gains.

Goldman's investment banking fees soared 20% year-on-year to about $1.9 billion. Goldman Sachs reported third-quarter earnings on Tuesday that beat Wall Street's expectations, sending its stock up as much as 3% in premarket trading.