Tag: j p morgan chase
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Stocks Drop on Bank Earnings, Tech Gains
U.S. stocks closed with moderate losses Thursday, weighed by a disappointing report from J.P. Morgan Chase & Co. and trade data from China. The Dow Jones Industrial Average fell 40.72 points, or 0.35%, to 11,478.13. The S&P 500 ended down 3.59 points, or 0.30%, at 1,203.66. The Nasdaq Composite gained 15.51 points, or 0.60%, to…
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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…