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Stock impact report

Markets today: European stocks extend record on earnings strength [BNN Bloomberg (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: BNN Bloomberg
The Stoxx 600 gained 0.4 per cent as brewer Anheuser-Busch InBev NV rallied more than 4 per cent on better-than-expected North American sales and Siemens Energy surged 12 per cent after boosting guidance. US futures were little changed, while the benchmark Treasury yield rose two basis points to 4.48 per cent. “Right now we're seeing the broadening of performance, especially from the earnings perspective,” Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, said in an interview on Bloomberg TV. “The market wanted to see that earnings in different sectors, not just tech, are delivering.” Global stocks have staged a comeback so far in May, fueled by prospects of Fed rate cuts and earnings beats, though the pace of the advance is easing. Federal Reserve Bank of Minneapolis President Neel Kashkari said it's likely the central bank will keep rates where they are “for an extended period of time.” The Fed's more deliberate approach has put it out of sync with ce Show less Read more
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