Tag: Chase
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Stocks Opened Lower after JPMorgan, China Data
U.S. stocks slipped Thursday after earnings from JPMorgan Chase & Co. and Chinese economic data disappointed. The Dow Jones Industrial Average lately fell 92.63 points to 11,426.22. The S&P 500 declined 10.83 points to 1,196.42. The Nasdaq Composite was off 7.97 points to 2,596.76. JPMorgan Chase’s third-quarter income fell 4 percent on weaker investment banking…
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Stocks Up on JpMorgan, Economic Data
U.S. stocks were higher in early trading on Thursday with sentiment lifted after J.P. Morgan Chase beat earnings estimates and a rush of economic data helped shift markets’ focus away fromthe stalled U.S. debt-ceiling debate. The Dow Jones Industrial Average lately rose 78.48 points to 12,570.09. The Standard & Poor’s 500 Index climbed 8.58 points…