The close: Dow jumps as investors rotate out of tech stocks; energy sector propels TSX [Toronto Globe and Mail (Ontario, Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Toronto Globe and Mail
The close: Dow jumps as investors rotate out of tech stocks; energy sector propels TSX Wall Street surged on Tuesday, with the Dow Jones Industrial Average ending more than 2% higher as investors bought energy and materials stocks and looked beyond a recent rise in coronavirus cases. The TSX also gained amid the rally in commodity stocks. The S&P 500 energy, materials and industrial indexes jumped more than 2%, while health , technology and consumer staples each rose more than 1%. In Toronto, the energy sector rallied 4.13% and materials 3.02%, while telecom, financials, consumer staples and industrials all rose 1% or more. Amazon slipped 0.6%. It and other recently strong performing technology and growth stocks, including Facebook and Netflix, recovered from deeper losses, giving the Nasdaq a last minute spurt. Shopify in Toronto rose 0.76%, a lackluster performance given its surge on many days this past year. National Bank Financial raised its price target on Shopify to a new Street
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/25/24 - Form FWP
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- JPM's page on the SEC website