JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
JPMorgan Chase & Co., down $12.64 to $182.79.
The bank gave investors a lower-than-expected forecast for its annual net interest income.
Newmont Corp., down 43 cents to $38.64.
The gold miner slipped as prices for the precious metal seesawed.
Advanced Micro Devices Inc., down $7.22 to $163.28.
The chipmaker fell following reports Chinese telecommunications carriers must phase out foreign chips by 2027.
Progressive Corp., up $1.64 to $203.90.
The insurer beat analysts’ first-quarter financial forecasts.
Zoetis Inc., down $12.75 to $149.98.
The veterinary health company slipped after a report about deaths of pets taking arthritis drugs.
Exxon Mobil Corp., down $1.42 to $120.37.
Energy companies flipped from gains to losses amid volatile oil prices.
Southwest Airlines Co., down 98 cents $27.54.
The company is reportedly cutting expectations for Boeing plane deliveries in 2024.
State Street Corp., up $1.87 to $75.78.
The financial services company beat Wall Street’s first-quarter earnings and revenue forecasts.
Related articles
Who is Jacob Zuma, the former South African president disqualified from next week's election?
JOHANNESBURG (AP) — Former South African President Jacob Zuma was barred Monday from running for Par2024-05-21Medical insurance fund remains strong, despite aging population
500 billion yuan surplus achieved in 2023; reforms planned to ensure stabilityChina's basic medical2024-05-21China to take multiple measures to upgrade basic education: Minister
China's Minister of Education Huai Jinpeng, Minister of Housing and Urban-Rural Development Ni H2024-05-21Chinese vice president meets Cambodian King, Queen Mother
Chinese Vice President Han Zheng met with Cambodian King Norodom Sihamoni and Queen Mother Norodom M2024-05-21Investigators return to Long Island home of Gilgo Beach serial killing suspect
MASSAPEQUA PARK, N.Y. (AP) — Investigators returned Monday to the home of a New York architect charg2024-05-21Veterans' fury as millionaire New Labour power couple lodge plans to build 'oppressive' 20
From the window of Room 190 of the Union Jack Club, D-Day veteran Peter Kent can take in all of Sout2024-05-21
atest comment