Today’s Research Reports on Trending Tickers: JP Morgan Chase and Morgan Stanley

NEW YORK, NY / ACCESSWIRE / March 23, 2018 / U.S. markets slumped Thursday as concerns over a potential trade war with China continue to grow. The Dow Jones Industrial Average dropped 2.93 percent to close at 23,957.89, while the S&P 500 Index fell 2.52 percent to close at 2,643.69. The Nasdaq Composite Index declined 2.43 percent to close at 7,166.68. On Thursday, the Trump administration unveiled tariffs totaling up to $60 billion on Chinese products.

“Trump’s protectionism is making investors nervous,” Dario Perkins, managing director of global macro at TS Lombard, said in a note Thursday, according to CNBC. “Past experience suggests these policies are flawed, while even moderate trade barriers could disrupt today’s complex global supply chains.”

RDI Initiates Coverage on:

JP Morgan Chase & Co.
https://rdinvesting.com/news/?ticker=JPM

Morgan Stanley
https://rdinvesting.com/news/?ticker=MS

JP Morgan’s stock moved 4.17% lower Thursday, to close the day at $109.95. The stock recorded a trading volume of 22,550,426 shares, which was above its three months average volume of 15,204,958 shares. In the last year, JP Morgan’s shares have traded in a range of 81.64 – 119.33. The share price has gained 34.68% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $114.56 is greater than its 200-day moving average of $105.03. Shares of the company are trading at a Price to Earnings ratio of 17.42. Shares of JP Morgan Chase have fallen roughly 4.37 percent in the past month and are up 2.81 percent year-to-date.

Access RDI’s JP Morgan Chase & Co. Research Report at:
https://rdinvesting.com/news/?ticker=JPM

On Thursday, shares of Morgan Stanley recorded a trading volume of 14,900,506 shares, which was above the three months average volume of 9,101,510 shares. The stock ended the day 4.32% lower at 54.64. The share price has gained 36.40% from its 52-week low with a 52-week trading range of 40.06 – 59.38. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $55.77 is greater than its 200-day moving average of $52.03. Shares of Morgan Stanley are trading at a Price to Earnings ratio of 17.80. Shares of Morgan Stanley have fallen roughly 0.40 percent in the past month and are up 4.69 percent year-to-date.

Access RDI’s Morgan Stanley Research Report at:
https://rdinvesting.com/news/?ticker=MS

Our Actionable Research on JP Morgan Chase & Co. (NYSE:JPM) and Morgan Stanley (NYSE:MS) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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