JPMorgan Higher, Morgan Stanley Rises, Texas Instruments Falls on US-China Tensions
On this episode of Stock Movers:
- JPMorgan Chase & Co.’s (JPM) shares rise as stock traders took in a record haul in the first quarter, boosted by chaotic market moves set off by President Donald Trump’s policy announcements after he took office in January.
- Morgan Stanley’s (MS) shares rise as stock-traders delivered first-quarter revenue that exceeded analyst predictions, as Wall Street’s biggest banks continue to benefit from turbulence ignited by President Donald Trump’s policies.
- Texas Instrument (TXN) shares fall, as geopolitical tensions between the U.S. and China continue to escalate. Earlier, the China Semiconductor Industry Association issued an emergency notice on the method for determining the origin of chip imports.
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