JPMorgan Chase Beats on Earnings and Revenue, Says Consumer 'Healthy'
JPMorgan Chase (JPM) - Get Report kicks things off for bank earnings and reported better than expected numbers at $1.35 versus $1.26 expected. JPMorgan Chase also beat revenue expectations. CEO Jamie Dimon says the U.S. consumer remains healthy and there are not credit concerns. The nation's banks are expected to report a tough quarter as they are dealing with ultra-low interest rates, stringent regulations and exposure to weak energy markets. China saw a surge in exports, which is boosting Asian as well as U.S. markets. Exports in China rose in march at the fastest pace in more than a year. The jump in exports is soothing growth fears in China. Verizon (VZ) - Get Report workers are going on strike. The deadline came and went without a deal. Nearly 40,000 workers walked off the job at 6 a.m. today. The strike could interrupt service for countless customers ranging from Massachusetts to Virginia who subscribe to Verizon's wired and FIOS internet services. Retail Sales for March are reported. Producer Prices for March are Released. Also, the Federal Reserve releases its Beige Book of regional economic conditions.









