The Traderszone Network

Published in TZ Latest News 13 April, 2015 by The TZ Newswire Staff

Wall St. to dip at open after three-day run; earnings eyed

Big banks, including JPMorgan Chase (JPM.N) and Bank of America (BAC.N), are due to report results for the first quarter, providing an expected bright spot in an otherwise gloomy quarter. Profits of companies on the S&P 500 are projected to have declined 2.9 percent in the first three months from a year ago, according to Thomson Reuters data. Market participants have been concerned over the impact of the currency’s strength on the profits of multinational companies.

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