Stocks surge thanks to big rally for JPMorgan Chase and other banks

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks surge on positive earnings news from JPMorgan Chase and other banks as investors pause their May selloff. The Dow gains more than 600 points.

Stocks soared Monday, as positive news about earnings from banking powerhouse JPMorgan Chase and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on Wall Street.The Dow gained nearly 620 points Monday, a gain of about 2%. Dow component JPMorgan Chase surged 6% after the Wall Street giant raised its outlook for interest income, a key measure of profitability.

"All measures of uncertainty will remain elevated. At the moment the Fed tells us it's done, the sell-off will reverse," he said.The tech-heavy Nasdaq index was up 1.6% Monday. Talk from Biden about possibly rolling back tariffs on Chinese imports would be good news for the tech sector, which does a lot of business in China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Its called running up

There is nobody good at fridge please stop water drugging get somebody good at fridge please , there r no one hood around dere these days

If you can not make monthly CC payments to avoid hi interests then you are part of the ones providing those beautiful earnings.

Do you think if we hook a breast pump up to Brian Shelters breasts it could solve the baby formula shortage and should we trust his breast milk as a Reliable Source, alao, is at as reliable as CNN's reporting?

You are not a news agency.

Dead cat bounce

فخر_المسلمين weareallIdrissaa كلنا_ادريس_غانا We are all Muslims with you and support you, do not be sad, God is with us Muslims are very proud of you.

Please help me! My name is Lin donglong, an employee of China telecom fuzhou branch. Company manager huang fei (communist party of China) organized the leadership of the gang of evil forces brutal persecution: surveillance location, insult,abuse, framed to take nude photos of me

Hi, I am Xie Qing. I am the Crape myrtle saint from China! I have to expose that our greedy president of the state, Xi Jinping. He paid more than 45 bribes to the government officer in his way to become Chinese president! Next, I'm going to expose his illegality step by step!

Fake news

Why is it ok for Hunter biden to get millions from China. PAtrick Ho, had questions about him. Why do Democrats launder money? And Yáll hated Trump who actually did something for his. Hillary sold American Uranium to Russia. Uranium one deal. Tell me, why are Yáll Criminals?

This shit is rigged.

Wow 600!! Still to little to late.. Dems policies failed again

That was a fast recession. Bull market back.

Nice fake pump !! Now let's see the dump

Yeah, of course they had solid earnings on the backs of us fools who are paying double for their energy price manipulation and speculation

has investigated, documented and interviewed scores of women and girls, deducing that birth control providers serving low-income women and girls such as Planned-Parenthood characteristically decline to inform patients about the FDA’s warnings concerning Depo Provera.

Only another couple of thousand to go...

Biden and the democrats have destroyed my retirement fund !!! Vote them out forever !

snbrapkipki sua mdewekju mdeaniwzrkwsja ofcrawsja - dczegszypkm radusa dogcani zbja podchiwani zabyldzmi porzrdna dzio tkesbysadasch rdcich nach ptcacyndzmow acjhapki krsci zsia inni

It's a high class casino made up of corporate governed figures and forecasts that doesn't tell the truth about free stock for executive powers traded in for free cash from the people's Treasury and their long-term debt to China and other countries reselling debt for T-Bills.

polcyw suapce kachoinnacjhapki to zczcy mrcy bredasuzsabmirdzy z Usandsa- brzk rdar za10ltsnbpusawrznia zdgerzcznim ? maj tozch orcniwapscia lscawsczjoisciobvlikch wszkie zsaznia wdzniezan dodzi zai pdkow polska sua wsua w europa

wcfniam prcypczaj obrci sau wsd kdzi waci snapkiprdtpki osapsznia adjwcfnie praca woipnipubnczj osanieamnic doizaofernia jest zbrednirzem -jede cozrnbm drze zpodsa umwa zurina

inny kj pedt sua..strnapkiwrzni rda dolscji pdchiwani gcnia niscznia z SUa andzm anto ue ozn brascji rbk zdjmwasb zsak poksa sua

doczegosniepokiszyu srznia radr nszy radr beczsczestwa rcy nacowa pki pch odma w USa dzch predtowsua bedtyo zbiono ponikm joebde cltan gornb guch wczj ausria bgia dnia szcar

nie rbi wrzani dla sua Cia derttyamy joebden osabscie nie byl rcwani brakobam - pracedajsaprdze ndzrowe rz takesae osobyz sua poki -kala hars dlasbnie doswego kszykascesu nieche racoawc hobby zabi rdrto wai esanusertanmy ptytgn Cia rdirtoa proityt saeynwe pkcy wsua ineakje

ole trumpie after finding out his money cow has became lesser today

Getting rid of ole trumpie's idiot tariffs to China, well well well

wesjipksa wdznima zmainy doue sua sinikdecz prusk pniswtski zanie rady barbarsctweosb rxszn krzciz bredni pkce kach niech inne kraje hodwla -

polacy usa amerykanie kolor bialy praca plnioa swjgo patogen krtlowe pltcy ofcerami wosja wsreca kajniosbyrdyz asira wyjatki bga dnia europa odpczaku poki zscz srznie radaru sau osanodwe plko rdzn dzci szczyt ewacji orcaów pnia scha pracani cnie hirczj

Thank the gods. Some good news. 😁

Did she say in national TV 'Russia if you're listening, please find the 33000 emails ?

progressive I need someone to look into Claim Number 22-7480824-02 ASAP. Your representative Joshua Peck has been doing a very terrible job in handling this.progressive

now just down 13% for year.

Hopefully it keeps going but it’s only one day after daily poundings for months.

Everything's better!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Deteriorating quickly’: U.S. earnings revisions could knock stocks down another 5% to 10%, warns Morgan StanleyU.S. company earnings revisions are “deteriorating quickly,” threatening to deepen the stock-market’s losses so far this year, according to Morgan Stanley. consumer companies are just getting hammered
Source: MarketWatch - 🏆 3. / 97 Read more »

Top 5 Stocks For Beginners To Buy in 2022 | HackerNoonChoosing which stock to invest in can be hard for a beginner. To make it easier for you, we did some research on which are the best stocks to buy in 2022.
Source: hackernoon - 🏆 532. / 51 Read more »

Hong Kong's Hang Seng Falls as Tech Stocks Slide; Xpeng Shares Plunge Ahead of EarningsAsia-Pacific Stocks Mixed as Global Concerns Persist; Xpeng Shares Plunge Ahead of Earnings
Source: NBCDFW - 🏆 288. / 63 Read more »

Asia stocks weighed by inflation concerns, China tech sellingAsian stocks came under pressure on Monday as persistent worries about inflation and rising interest rates dogged the global economic outlook and fresh selling in technology stocks weighed on Chinese markets.
Source: Reuters - 🏆 2. / 97 Read more »

Stay bearish on stocks — and watch the trend rather than trying to pick the market bottomOPINION: Bears’ aggressiveness has produced and/or exacerbated oversold conditions. Those oversold conditions have stoked what rally attempts we’ve seen so far, but eventually there will be a stronger oversold rally. This bear is full and hibernating. Wake me up when something materially changes to be bullish for more than a trade. “Well that’s just great, Ron: Bears.” “Assess public sentiment & try to take a blindfolded opposing shot based purely on “contrarianism” and/or ➡️ FartInTheWind
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia-Pacific Stocks Edge Higher as Global Concerns PersistShares in the Asia Pacific traded higher on Monday as global concerns persist.
Source: nbcchicago - 🏆 545. / 51 Read more »