Oil plunges on Iran ceasefire news, setting the stage for some relief on gas prices [MSNBC.com]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: MSNBC.com
Stocks roared higher on Wednesday, after President Donald Trump announceda two-week ceasefire between the United States and IranOfficial statements from Washington and Tehran, however, did not offer a clear picture of what the future of shipping traffic in the Strait of Hormuz would look like. Despite the unanswered questions and conflicting comments throughout the afternoon, markets had an overwhelmingly positive response to the news.As of late afternoon, the S&P 500 was up 2.2%. The Nasdaq Composite rose 2.5%, the Dow jumped 1,100 points and the Russell 2000 surged 3.3%.Strategists on JPMorgan Chase's trading desk said the S&P 500 could rise even further "as euphoria returns to markets.""Assuming that this is not a feint from any of the parties, the market is likely to treat this as a de facto end of the conflict despite the economic damage that is still coming across all regions," they wrote.Other experts cautioned that investors and traders could be getting ahead of themselves."We
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JPM
Earnings
- 1/13/26 - Miss
JPM
Sec Filings
- 4/8/26 - Form 424B2
- 4/8/26 - Form 424B2
- 4/8/26 - Form 424B2
- JPM's page on the SEC website