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Dow Jones Industrial Average Rises As JP Morgan Leads Bank Shares Higher
Summary: The Dow Jones Industrial Average rose on Tuesday as the corporate earnings season started off with J.P. Morgan Chase and Citigroup posting stronger-than-predicted quarterly results. The 30-stock Dow traded up 100 points, or 0.3%. However, The S&P 500 and Nasdaq Composite remained pretty much unchanged hovering just below the flatline. As a result of J.P. ...
The Dow Jones Industrial Average rose on Tuesday as the corporate earnings season started off with J.P. Morgan Chase and Citigroup posting stronger-than-predicted quarterly results.
The 30-stock Dow traded up 100 points, or 0.3%. However, The S&P 500 and Nasdaq Composite remained pretty much unchanged hovering just below the flatline. As a result of J.P. Morgan Chase posting quarterly earnings and revenue that beat analyst expectations its stock grew more than 2%.
By Janelle Fox
Tags: Chase,Dow Jones,J.P.Morgan,Stock
Link: Dow Jones Industrial Average Rises As JP Morgan Leads Bank Shares Higher [Copy]