The Dow Jones Industrial Average fell Wednesday, as earnings season kicks off. JPMorgan stock slid after missing earnings estimates. Read More...
MarketWatch
JPMorgan Chase earnings fall short of target
JPMorgan Chase & Co. shares dropped 1.3% in premarket trades on Wednesday after the bank reported lower first-quarter profit that missed Wall Street’s estimate. The bank also warned about economic challenges on the horizon. JPMorgan, which is a component of the Dow Jones Industrial Average , said its first-quarter earnings fell to $8.28 billion, or $2.63 a share, from $14.3 billion, or $4.50 a share, in the year-ago quarter. Revenue dropped to $30.7 billion from $32.27 billion. Analysts expected
