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-0.000392009282779816 -0.000697776523347973 0.0012701100762067 0.000595854109825313 -0.00222661272618929 -0.00153667638849691 -0.00573901589989646 -0.00279110609339225
Stock impact report

Retail investors drive stocks to a pre-Christmas all-time high—and Wall Street sees a moment to sell [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 peak was entirely predictable , given that U.S. Federal Reserve chairman Jerome Powell delivered a new dose of liquidity, as expected, via Wednesday's 0.25% interest rate cut. Nasdaq 100 futures were down 0.51% this morning, premarket, as traders picked winners and losers in the tech sector. Oracle lost another 1% overnight. It's down more than 9% over the last five sessions after reporting revenue below expectations and capital expenditure above expectations. Alphabet (Google) by contrast, was up 0.26% in overnight trading. The bigger picture is the fact that the S&P 500 has now risen 17.33% year-to-date. The trigger for that came from Powell telegraphing 175 basis points of cuts since last year. But the markets have also been driven by retail investors—individuals, as opposed to financial institutions—buying into exchange-traded funds and individual tech stocks, according to Arun Jain and his colleagues at JPMorgan. In the week up to December 10, retail investors ploughe Show less Read more
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