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US STOCKS-Wall St posts weekly loss as banks, chipmakers weigh [Reuters]

JP MORGAN CHASE (JPM)  More Company Research Source: Reuters
Last jp morgan chase earnings: 4/13 06:47 am Check Earnings Report
PDF Wall Street posts weekly loss as banks, chipmakers weigh | Reuters 5 Min Read NEW YORK (Reuters) - The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. All three major U.S. stock indexes posted a weekly loss as the markets reacted to reports from the U.S.-China trade summit, rising U.S. government bond yields and increasing oil prices. “I think everybody’s waiting on some sort of direction on American trade talks that are occurring right now, and there’s anxiety about oil prices,” said Oliver Pursche, vice chairman and chief market strategist at Bruderman Asset Management in New York. China denied accounts by some U.S. officials that it had offered a package to slash the U.S. trade deficit by up to $200 billion, but said the consultations were “constructive,” in the latest salvo of tit-for-tat messages to emerge from the high-level meeting. “Markets tend to get over that s [Read more]

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