Dow's 200-point stumble in late-afternoon trade driven almost entirely by JP Morgan, Boeing stocks
The Dow Jones Industrial Average was slumping on Friday, with a little less than an hour remaining in regular trade. The Dow industrials were off about 200 points, or 0.8%, at 24,284, with about 95 points of that downdraft produced by declines in JP Morgan Chase & CO. and Boeing Co. . The slide for JP Morgan came even as the banking behemoth released results for the first-quarter that were better than expected, along with a number of other upbeat earnings reports from the banking sector. Читать дальше...