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Stock impact report

Stocks Plunge, as Fresh Tensions With China Batter Tech Shares [The New York Times]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Image Traders on the floor of the New York Stock Exchange. Stocks recorded their steepest drop in eight months Wednesday. Credit Credit Spencer Platt/Getty Images By Matt Phillips Oct. 10, 2018 Stocks suffered their steepest drop in eight months on Wednesday, as investors continued to digest rising interest rates and previously high-flying tech shares tumbled amid growing tensions with China. The Standard & Poor’s 500-stock index dropped 3.3 percent, bringing the broad equity benchmark down 4.4 percent for the month. The yield on the 10-year Treasury note, a key measure of borrowing costs, inched up to more than 3.24 percent during the trading day before declining. Wednesday’s tumble marked the fifth-consecutive daily decline for the S. & P. 500, the longest string of down days since November 2016, according to research from Bespoke Investment Group. And the day’s drop was the sharpest since a market sell-off in February. Then, like now, concerns about Show less Read more
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