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-0.000106905767738594 -0.000862143288214575 -0.00310371583757232 -0.000311233727045475 -0.0146564358996465 -0.0236804896973877 -0.0136218639537892 -0.0185360806966118
Stock impact report

Consumer spending, inflation cool; spotlight on Fed amid coronavirus outbreak [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Consumer spending, inflation cool; spotlight on Fed amid coronavirus outbreak WASHINGTON (Reuters) - U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings. Other data on Friday showed the goods trade deficit contracted sharply last month as both imports and exports declined. While the narrowing goods trade deficit could be a boost to the calculation of gross domestic product, a lot depends on how the coronavirus unfolds in the United States. The coronavirus epidemic, which has killed nearly 3,000 and infected at least 80,000 people, most of them in China, is viewed by financial markets as the catalyst that could interrupt the longest economic expansion on record, now in its 11t year. Together with persistently tame inflation, it could challenge the Federal Reserve’s signaled desire to keep monetary p Show less Read more
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