Today's Research Reports on Trending Tickers: The Goldman Sachs and JPMorgan Chase & Co.

NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Major U.S. markets closed down on Thursday, with the Dow Jones posting its 8th consecutive daily decline, as investors' attention remained fixed on trade tension between the U.S. and its key trading partners. The S&P 500 Index shed 0.63 percent to close at 2,749.76, while the Nasdaq Composite dropped 0.88 percent to close at 7,712.95. The Dow Jones Industrial Average declined 0.80 percent to close at 24,461.70.

According to Jeff Donlon, managing director of the global strategies group at Manning & Napier, "We think the trade issue is going to continue to escalate, and that it could last for several quarters, if not years. Growth expectations should be reset currently, and the longer this drags on, the more risk will grow and the more the issue should be factored into expectations."

RDI Initiates Coverage on:

The Goldman Sachs Group, Inc.
https://rdinvesting.com/news/?ticker=GS

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

The Goldman Sachs' stock moved 0.37% lower Thursday, to close the day at $226.98. The stock recorded a trading volume of 3,094,427 shares, which was below its three months average volume of 3,147,557 shares. In the last year, The Goldman Sachs' shares have traded in a range of 214.64 - 275.31. The share price has gained 5.75% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $234.66 is below its 200-day moving average of $251.24. Shares of the company are trading at a Price to Earnings ratio of 21.45. Shares of The Goldman Sachs have fallen roughly 4.51 percent in the past month and are down 10.9 percent year-to-date.

Access RDI's The Goldman Sachs Group, Inc. Research Report at:

https://rdinvesting.com/news/?ticker=GS

On Thursday, shares of JPMorgan Chase & Co. recorded a trading volume of 11,047,232 shares, which was below the three months average volume of 14,624,303 shares. The stock ended the day 0.03% lower at $107.51. The share price has fallen 9.91% from its 52 week high with a 52 week trading range of 86.61 - 119.33. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $110.22 is below its 200-day moving average of $111.04. Shares of the company are trading at a Price to Earnings ratio of 15.33. Shares of JPMorgan Chase & Co. have fallen roughly 4.14 percent in the past month and are up 0.53 percent year-to-date.

Access RDI's JPMorgan Chase & Co. Research Report at:

https://rdinvesting.com/news/?ticker=JPM

Our Actionable Research on The Goldman Sachs Group, Inc. (NYSE: GS) and JPMorgan Chase & Co. (NYSE: JPM) can be downloaded free of charge at Research Driven Investing.

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