Stocks flat to slightly lower as investors weigh bank earnings, retail sales

Stocks traded flat to slightly lower after the opening bell Friday as investors weighed strong earnings from major banks and a weaker-than-expected 1% fall in March retail sales. The Dow Jones Industrial Average DJIA, +0.06% fell 26 points, or 0.1%, while the S&P 500 SPX, +0.33% shed 0.1% and the Nasdaq Composite COMP, +0.22% lost 0.4%.

Shares of JPMorgan Chase & Co. JPM, +7.10% jumped 4.9% as the banking behemoth kicked off first-quarter earnings season with better-than-expected results. Analysts said strong bank earnings might reassure the Federal Reserve it can press ahead with further rate increases as it weighs the fallout from a spate of regional bank collapses last month.

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U.S. stocks open higher after fresh data show wholesale inflation fell in MarchU.S. stocks open higher Thursday as investors weighed fresh data showing wholesale inflation fell in March. The Dow Jones Industrial Average was up 0.2% soon after the opening bell: Again, you’re speaking to soon lol Lets recap. Bank-jitters, Recession-jitters (confirmed by FED staff - no more soft landing talks), Jobless WoW and 4Wav up up and up and the NDX muppets are buying on FED cut with core CPI at 5.6% + if they cut = not 'mild recession' at all. Huge is more like it.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

The lower inflation trade: History shows these stocks could win from the latest CPI reportCNBC Pro screened for Nasdaq-100 stocks that are correlated to the iShares 1-3 Year Treasury Bond ETF (SHY).
La source: CNBC - 🏆 12. / 72 Lire la suite »