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Stock impact report

Tariff stock shock: Nasdaq hits bear market; S&P, Dow sink [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The S&P 500 slipped deeper into correction territory, falling 5.9% on Friday. There was a similar pattern for the Dow Jones Industrial Average, which lost 2,231 points, or 5.5%. And the Nasdaq Composite entered a bear market, off 20% from its December high, falling 5.8% to end the week. Investors moved money into the safety of government bonds, pushing the 10-year Treasury yield down, holding at 4% late Friday. While the two-year Treasury hovered at 3.5%. Jpmorgan Dials Up Recession Risk For U.s. President Trump on Wednesday made good on his promise to slap the majority of U.S. trading partners with tariffs. Along with the usual suspects, including China and the European Union, other nations such as Japan, Vietnam and Taiwan also got rapped, among many others. Early Friday, China fired back with 34% tariffs while speculation rose other countries may follow suit. "Higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters, Show less Read more
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