U.S. markets traded higher despite a rare earnings miss from JPMorgan Chase (JPM) - its first in 15 quarters - and the U.K. Parliament soundly rejected Prime Minister Theresa's Brexit plan. JPMorgan Chase, the largest bank in the U.S., reported a profit of $1.98 per share for the fourth quarter of 2018, well below analysts' estimates of $2.20 per share, per FactSet. The U.S. government shutdown, now the longest in history, continues to drag on and may soon eat into economic growth, according to the White House and various economists. Read More...
Stock Market Today: Brexit Rejected
U.S. markets traded higher despite a rare earnings miss from JPMorgan Chase (JPM) – its first in 15 quarters – and the U.K. Parliament soundly rejected Prime Minister Theresa’s Brexit plan. JPMorgan Chase, the largest bank in the U.S., reported a profit of $1.98 per share for the fourth quarter of 2018, well below analysts’ estimates of $2.20 per share, per FactSet. The U.S. government shutdown, now the longest in history, continues to drag on and may soon eat into economic growth, according to the White House and various economists.
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