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Stock impact report

The Week Ahead: No Rally, But No Fear? [Forbes]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Forbes
Photographer: Michael Nagle/Bloomberg © 2016 Bloomberg Finance LP The stock market opened last Monday with lots of promise. The Spyder Trust (SPY) opened at $280.28, which was 1.7% above Friday’s close at $275.65. It peaked in the first 30 minutes to close the day at $279.30. Stocks opened a bit lower on Tuesday, but then President Trump tweeted “I am a Tariff Man”, which helped trigger a massive 3.24% decline in the S&P. It made me fondly remember the days when the White House and their advisors understood that their comments could impact the markets, and accordingly issued “no comment”. The behavior of this administration is, I believe, increasing the instability in the financial markets. As pointed out in Reuters , some financial professionals have become more skeptical. As reported, JPMorgan advised its clients that “It doesn’t seem like anything was actually agreed to at the dinner” and that President Trump's claims on Twitter “seem if not completely f Show less Read more
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