JPM & MS Measure Strength of Consumers in Earnings
Schwab Network · Schwab Network
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Show Notes
JPMorgan Chase (JPM) initially rose in the premarket before slipping despite posting an 8% increase in year-over-year revenue. As Jenny Horne points out, intriguing commentary from CEO Jamie Dimon on recession risk may have investors on edge. As for Morgan Stanley (MS), its stock moved lower on its earnings beat and increase in investment banking revenue.
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