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Stock impact report

Oil prices move higher after OPEC+ deal, while global stocks slump ahead of a big week for data [CNNMoney.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNNMoney.com
Oil prices move higher after OPEC+ deal, while global stocks slump ahead of a big week for data New York/ Hong Kong (CNN Business) Oil prices improved during Asian trading hours Monday after OPEC+ reached an unprecedented deal to slash production, while global stocks slumped ahead of a week chock full of reports that will offer a look at how major economies and corporations have been hit by the coronavirus . US oil futures advanced 5% to $23.90 a barrel as traders returned from an extended holiday and cheered a deal to slash oil production by 9.7 million barrels a day starting next month. Futures for Brent, the global benchmark, climbed 4.5% to $32.88 a barrel. The deal is meant to help stabilize the energy market , which has been rocked by a price war and the coronavirus pandemic. OPEC+ reaches deal to cut oil production by 9.7 million barrels per day In stocks, Japan's Nikkei 225 ( N225 ) and South Korea's Kospi ( KOSPI ) fell 1.2% and 0.8%, respective Show less Read more
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