Latest JPMorgan Chase & Co News

Markets Right Now: Stocks post modest gains on Wall Street

Apr. 16, 2019 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks edged higher on Wall Street, erasing the market's modest losses from a day earlier. Banks and technology companies rose the most, while health care stocks closed broadly lower. Citigroup rose 2.9% and JPMorgan...

World stocks rise on hopes for growth; focus on earnings

Apr. 16, 2019 6:49 AM EDT

TOKYO (AP) — World stock markets advanced Tuesday on upbeat economic data for China and Germany and as investors keep an eye on U.S. corporate earnings reports, which have been mixed so far. Germany's DAX rose 0.6% to 12,097 after a measure of investor confidence, the ZEW index, rose for a sixth month. The...

Citigroup's 1Q profits rise 2%, beating forecasts

Apr. 15, 2019 9:05 AM EDT

NEW YORK (AP) — Banking conglomerate Citigroup said its first quarter profits rose by a relatively quiet 2% from a year earlier, as higher interest and investment banking revenues helped offset a decline in trading. Citi's results were similar to those of its Wall Street competitors, JPMorgan Chase and...

World stocks mostly rise on US-China trade talks, earnings

Apr. 15, 2019 7:35 AM EDT

SINGAPORE (AP) — World stocks mostly edged up on Monday after the U.S. and China said they were closing in on a trade deal, without giving a timeline, and amid optimism over corporate earnings. Britain's FTSE 100 was flat at 7,433 while the CAC 40 in France gained 0.1% to 5,509. Germany's DAX was also up...

S&P 500 notches 3rd straight weekly gain as US stocks rally

Apr. 12, 2019 5:01 PM EDT

Stocks notched solid gains on Wall Street Friday, erasing most of the losses the market sustained after an uneven week of trading. The strong finish gave the S&P 500 its third straight weekly gain. The benchmark index is now just under 1% from its most recent all-time high set on September 20, reflecting the...

Markets Right Now: S&P 500 notches 3rd straight weekly gain

Apr. 12, 2019 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing broadly higher on Wall Street, giving the S&P 500 index its third weekly gain in a row and putting it within reach of the record high it hit last September. Banks led the gains Friday after...

JPMorgan's 1Q profits rise 5%, helped by higher rates

Apr. 12, 2019 7:44 AM EDT

NEW YORK (AP) — JPMorgan Chase's first-quarter profits rose 5% from a year earlier, helped largely by higher interest rates, which have allowed banks like JPMorgan to charge more for loans. Higher interest rates helped make up for a drop in trading revenue. The nation's largest bank by assets and profits...

Asian stocks mostly higher after mixed Wall Street day

Apr. 11, 2019 11:44 PM EDT

BEIJING (AP) — Asian stock markets were mostly higher Friday after a mixed Wall Street close on listless trading. Benchmarks in Tokyo, Sydney and Seoul rose. China's main index was up 1 point while Hong Kong retreated. Investors watched for Chinese trade data due out Friday. Traders were hoping for a "good...

How major US stock indexes fared Thursday

Apr. 11, 2019 5:16 PM EDT

Stocks struggled to a mixed finish on Wall Street Thursday after an early rally sputtered. Losses in health care stocks mostly offset gains in industrial companies, banks and elsewhere in the market. The listless day of trading came as investors looked ahead to Friday, when major banks, including Wells Fargo and...

CEOs of big banks face off with House Democrats

Apr. 10, 2019 4:41 PM EDT

NEW YORK (AP) — The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a House committee on Wednesday, some dealing with current risks to the financial system and other focused on more politically-charged topics. The appearance by the chief executives of JPMorgan...