US stocks decline

Stocks sank on Wall Street today as strong economic numbers were eclipsed by mixed corporate results, including disappointing earnings from JP Morgan Chase.

US stocks decline
Wed, 19 Jan, 2005 - 22:27

Stocks sank on Wall Street today as strong economic numbers were eclipsed by mixed corporate results, including disappointing earnings from JP Morgan Chase.

Overall, earnings have come in somewhat better than expected, but the market’s reaction to good news has been muted at best.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPlace: IraqPlace: PittsburghPerson: Peter CardilloPerson: Som DasguptaOrganisation: JP Morgan ChaseOrganisation: Federal ReserveOrganisation: SW Bach & CoOrganisation: Standard & PoorOrganisation: NasdaqOrganisation: Labour DepartmentOrganisation: Commerce DepartmentOrganisation: JP MorganOrganisation: PNC BankOrganisation: Bank OneOrganisation: General MotorsOrganisation: PfizerOrganisation: International Business MachinesOrganisation: IBMOrganisation: YahooOrganisation: Wall StreetOrganisation: New York Stock Exchange
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