JP Morgan faces economic uncertainty, tariffs and trade wars affecting growth
From StockTwits: 2025-04-10 05:56:00
JP Morgan & Chase (JPM), the biggest U.S. bank, is expected to report adjusted earnings of $4.57 per share on revenue of $44.14 billion for the first quarter. The stock was down marginally ahead of the earnings report. President Trump’s tariffs caused volatility in the markets. CEO Jamie Dimon cited potential negatives of tariffs and trade wars. Morgan Stanley analysts predict slower growth and rising economic uncertainty. Deal activity in the U.S. has slowed significantly. Retail sentiment on Stocktwits is bearish. JPM shares have fallen 2.7% year-to-date. Energy Transfer Stock sees gains after a funding deal for a Louisiana LNG project.
Read more at StockTwits: Clouds Of Economic Uncertainty Hover Over JP Morgan