"JPMorgan's Decline Sparks Stock Futures Slide and Investor Concerns"

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Source: Investor's Business Daily
"JPMorgan's Decline Sparks Stock Futures Slide and Investor Concerns"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures fell on concerns of a wider Mideast conflict and JPMorgan's impact, while Tesla stock dipped as a long-time bull warned of potential setbacks with its robotaxi plans. Additionally, Coupang saw a jump in stock price following a membership fee increase, and China's order for telecoms to phase out foreign chips affected Intel and AMD stocks. Nvidia stock edged lower after recent gains, and the market rallied with tech stocks leading the way. Bank earnings from JPMorgan, Wells Fargo, Citigroup, and BlackRock were also in focus, with JPMorgan beating first-quarter views but keeping its full-year outlook below analyst forecasts.

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