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Stock impact report

Stocks slide and dollar rally runs as economic realities bite [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Stocks slide and dollar rally runs as economic realities bite SINGAPORE (Reuters) - Asia’s stock markets retreated from their highest levels for a month and the dollar extended gains on Thursday as the damage the coronavirus has wrought on the world economy soured appetite for risk. Data showed U.S. retail sales fell the most on record last month and manufacturing output fell by the most in 74 years, raising fears of a deep recession. Another sky high figure is expected when U.S. weekly jobless claims land later in the day. E-mini futures for the S&P 500 ESc1 fell half a percent in Asia after a 2.2% drop on the index .SPX on Wednesday and European futures were marginally lower STXEc1 FFIc1. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost about 1%, wiping out early week gains that had taken the index to its best level since mid-March. “Markets seem to have run out of good news to trade off,” said Kyle Rodda, analyst at IG Markets in Melbourne. “They are st Show less Read more
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