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Stock impact report

European Investors Bet Profits Will Spur Stock Market Comeback [Bloomberg Business News]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
By Aleksandra Gjorgievska JPMorgan expects positive surprises from first-quarter results Profit season heats up as euro, economy have weighed on stocks European traders are looking to the latest batch of corporate updates to boost confidence in the region’s shares. The first-quarter earnings season is heating up at a challenging time for euro-area stocks. The currency has been trading above the $1.22 level for most of 2018, putting fresh pressure on exporters’ balance sheets, while economic momentum has started to slow after last year’s growth spurt. As a result, the Stoxx Europe 600 Index has struggled to recoup the losses incurred since a global selloff began in late January. Better-than-expected profits could help investors look ahead to a second half in which the currency headwind weakens and growth stabilizes. JPMorgan Chase & Co. expects positive surprises this season, s Show less Read more
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