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-0.000331308669243524 0.00276090557702927 0.00165875207067916 0.00231916068470451 -0.000496963003865287 0.00513528437327431 0.000552181115405822 0.00254113749309766
Stock impact report

The economic data is even worse than Wall Street feared: 'The economy is clearly in ruins here' [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 sign reading "Buy Local" with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana.William Campbell | Corbis via Getty ImagesConsumer and manufacturing reports for March showed the hit to the economy from thecoronavirusMarch retail salesfell 8.7%, the most ever in government datahit an all-time low, declining a shocking 78.2%The economic reports showed the double whammy of state shutdowns in mid-March on two pillars of the economy — the consumer and business. Both reports were even more dire than expected, and foreshadow even worse declines in April's activity, with state shutdowns affecting areas responsible for more than 90% of the economy.March retail sales fell 8.7%, a record drop, with the only sign of activity at grocery and beverage stores, which saw sales grow by 25.6%. Economists expected an 8% decline in monthly sales. The consumer accounts for 70% of the economy. "Nobody is buying cars, down 25.6%, nobody is buying furniture, down 26.8%, an Show less Read more
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