| 2019-04-12 09:35:10|
SPY, SPX 09:35 04/12 04/12/19
Stocks rise in early trading after big banks earnings, E&P megadeal
The major averages are all higher in early trading, with the S&P retaking the 2,900 level after JPMorgan (JPM) and Wells Fargo (WFC) kicked off bank earnings season with better than expected results and Chevron (CVX) announced a huge deal to acquire Anadarko Petroleum (APC) in a stock and cash transaction valued at $33B, or $65 per share. In early trading, the S&P is up 17 points, the Dow is up 223 points and the Nasdaq is up 39 points.