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JP Morgan's stock exacts a roughly 20-point toll from Dow industrials [MarketWatch]

JP MORGAN CHASE (JPM)  More Company Research Source: MarketWatch
Last jp morgan chase earnings: 4/13 06:47 am Check Earnings Report
PDF JP Morgan's stock exacts a roughly 20-point toll from Dow industrials The Dow Jones Industrial Average was seeing its losses firm in Friday afternoon trade as declines in the banking sector picked up, even as the bulk of the results were upbeat. Shares of Dow component JP Morgan Chase & Co. JPM, -2.55% were exacting a roughly 20-point toll, down 3%, or $3.35, on the price-weighted Dow industrials DJIA, -0.27% A $1 move in any one of the Dow's 30 components equates to a swing of 6.89 points. The Dow was most recently off 100 points, or 0.5%, at 24,379, the S&P 500 index SPX, -0.11% was down 0.3% at 2,655, with the financial sector XLF, -1.26% driving the broader market's downturn. The Nasdaq Composite Index COMP, -0.27% meanwhile, was down 0.5% at 7,107. JPMorgan reported first-quarter earnings and revenue that topped Wall Street estimates . [Read more]

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