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Stock impact report

CNBC Daily Open: One day makes all the difference [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
Like what you see? You can subscribe here New highs U.S. stocks rallied on Thursday , as all major indexes closed in the green. The S&P 500 and Dow Jones Industrial Average marked new record closes, while the tech-heavy Nasdaq Composite had its fourth-best day, fueled by a rally in tech. The regional Europe Stoxx 600 index rose 1.38% , with all major bourses and most sectors ending the day higher. Tech surges After taking a day to digest the U.S. Federal Reserve's rate cut , investors flocked to tech stocks. On Thursday, Tesla soared 7.4%, Nvidia popped 4% and Apple jumped 3.7%. Lifted by those stocks, the Nasdaq rose 2.5%, its fourth-biggest single-day gain in 2024. Its sharpest rally this year was a 3% increase on Feb. 22. “Recalibration” Fed Chair Jerome Powell's use of the word “recalibration” seemed to reassure investors that the central bank's 50 basis point cut wasn't that worrying. It signaled the Fed wasn't responding to a slowing economy, but shifting focus to en Show less Read more
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