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S&P 500 and Nasdaq gains, but Dow's move capped as JPMorgan's quarterly results disappoint


Tuesday, 15 January 2019 21:52 WIB

DOW JONES Standard & Poor's 500Saham AS


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The S&P 500 and the Nasdaq climbed at the open on Tuesday, while the Dow struggled as JPMorgan Chase delivered a rare disappointment on profit and revenue for the fourth quarter.

The Dow Jones Industrial Average of which JPMorgan Chase & Co. is a component, traded slightly lower at 23,905, while the S&P 500 index added 0.1% at 2,586, and the Nasdaq Composite Index rose 0.4% at 6,931.

In corporate news, Netflix said it was raising its subscription fees, while JPMorgan's shares were trading lower after weaker-than-expected profits and revenues, hurt by weak results in trading.

Marketwatch


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