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0.000112417128398936 0.000752650289850474 0.00150530057970077 -0.000224193703359681 -0.000658488934439368 -0.00231912372289665 -0.00381129295711494 -0.00361912692566376
Stock impact report

JPMorgan Chase reports mixed results as Dimon defends Fed chief [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The giant US bank reported $13.0 billion in profits, down seven percent from the year-ago period following a $2.1 billion hit connected to the assumption of the Apple credit card, replacing Goldman Sachs. While revenues rose seven percent to $45.8 billion, bank executives expressed disappointment at some line items, such as investment banking. Shares of the bank were decisively lower at midday. Some analysts questioned a plan to lift capital spending by more than $9 billion, in part due to increased technology investment. Dimon, who has struck a cautious tone in some recent quarters, characterized the United States outlook as "pretty positive," while also offering a strong defense of Federal Reserve Chair Jerome Powell, who is under investigation by President Donald Trump's Justice Department. Powell has dismissed the DOJ probe into a Fed construction project as a pretext for Trump's criticism of US monetary policy decisions. "While I don't agree with everything the Fed has Show less Read more
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