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-0.00126205715315966 -0.00122870278554048 -0.00216352654827377 -0.00396646533850174 -0.00459749391508163 -0.00814657892364555 -0.00653565311457684 -0.00513837555215007
Stock impact report

Bank stock losses accelerate after failing to hold above key level [MSN Money]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSN Money
Shares of financial companies fell on Friday, with losses accelerating in midday trading despite some better-than-expected quarterly results after the stocks failed to hold above a key technical level. Popular Searches JPMorgan Chase & Co. (JPM) fell 2.6%, erasing an early gain. The stock, a Dow component, closed above its 50-day moving average on Thursday, the first time it had done so since March 21. That level is widely used as a gauge of an asset price's short-term momentum. While it briefly traded above that level on Friday, it subsequently dropped back below it, leading to heavier to losses that took it to a session low. Citigroup Inc. (C) briefly traded above its 50-day moving average, but it failed to hold above that level, leading to a decline of 2.7% in midday action. The stock also fell back below its 200-day moving average, which it has closed under since March 21. The 200-day is used as a metric for long-term momentum. Both JPMo Show less Read more
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