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-0.000117145899893551 0.000164659621528626 -0.000327680838862999 -0.000742197100024534 -0.000327680838862999 -0.000327680838862999 -0.000327680838862999 -0.000327680838862999
Stock impact report

WRAPUP 4-Rising U.S. weekly jobless claims, COVID-19 cases point to slowing economic recovery [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Slowing U.S. labor market, rising COVID-19 cases cast cloud over economic recovery By Lucia Mutikani 6 Min Read WASHINGTON (Reuters) - The number of Americans filing first-time claims for jobless benefits increased further last week, suggesting that an explosion in new COVID-19 infections and business restrictions were boosting layoffs and undermining the labor market recovery. Still, the economy got off to a solid start in the fourth quarter, with consumer spending and business investment in equipment topping analysts’ expectations in October. Businesses also reported a sharp rebound in profits in the third quarter. But that is probably insufficient to lift the heavy cloud over the economy. Personal income dropped last month and could decline further with at least 12 million Americans due to lose government-funded unemployment benefits a day after Christmas. The benefits, part of a more than $3 trillion government coronavirus relief package which has largely expired, helped contribu Show less Read more
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