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Stock impact report

Dow futures slide 300 points as investors weigh coronavirus and oil outlook [MSNBC.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSNBC.com
A man wearing a face mask takes a selfie at the Charging Bull statue on March 23, 2020 near the New Stock Exchange in New York City.Angela Weiss | AFP | Getty ImagesU.S. stock futures were lower on Sunday night after OPEC and other oil-producing countries reached a deal on a massive production cut while investors digested the outlook on the coronavirus.Dow Jones Industrial Average futures traded 305 points lower, pointing to a opening drop on Monday of around 297 points. S&P 500 and Nasdaq 100 futures also pointed to Monday opening declines for the two indexes.The group of countries known asOPEC+ agreed to cut production by 9.7 million barrels per dayOil prices had fallen more than 40% since early March after Saudi Arabia-led OPEC and Russia failed to reach a deal as the coronavirus pandemic dampened global economic prospects.Sunday's moves come after the U.S. stock market enjoyed one of its best weeks ever. The Dow posted its seventh-best weekly performance, rallying 12.7%. The S&P 5 Show less Read more
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