Stocks struggle after Evergrande-fueled selling [Financial Post (Toronto, Ontario, Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Financial Post
uneasy calm, as fears of contagion from the distress of debt-saddled developer China Evergrande triggered a global flight from risky assets. Hong Kong's Hang Seng set the tone, wobbling between losses and flat, leaving it down 0.1% by late afternoon. Japan's Nikkei returned from a market holiday with a drop of 2%. Still working from home? Here's how to get a tax break Advertisement Currency, commodity and bond markets steadied, but were hardly upbeat as investors expect Wednesday's Federal Reserve meeting to bring the bank a step closer to tapering. Advertisement Article content European futures rose 0.3%, FTSE futures 0.7% and S&P 500 futures climbed 0.6% a day after selling hit stocks – especially banks – on both sides of the Atlantic and tipped the S&P 500 to its steepest fall in two months. The index is now about 4% below a record high it hit in early September. “Overall sentiment towards risk assets hasn't been strong for a number of weeks,” said Kerry Craig, gl
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JPM
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- 4/12/24 - Beat
JPM
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- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
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- JPM's page on the SEC website