JPMorgan earnings beat, futures rise despite tariff turmoil: Market Minute
JPMorgan Chase earnings topped expectations in the first quarter, with profits rising 9%. Despite the beat, CEO Jamie Dimon expressed his concerns about the US economy, saying it faces 'considerable turbulence.' The bank is among several big names reporting today, including Morgan Stanley, Wells Fargo, and BlackRock. On the tariff front, futures are higher despite rising global trade tensions. China retaliated today, raising its 84% tariff on US goods to 125%. This comes after the White House raised tariffs against the country to 145% yesterday, Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.