Nasdaq Gains Over 50 Points; JPMorgan Posts Upbeat Earnings - JPMorgan Chase (NYSE:JPM), Innovative Eyewear (NASDAQ:LUCY)
1. JPM reported EPS of $5.07, exceeding expectations of $4.62. 2. Quarterly sales reached $46.014 billion, beating estimates of $44.111 billion. 3. U.S. stock indices rose, signaling overall market optimism. 4. Materials sector saw a 1.5% gain, indicating potential investment areas. 5. Producer prices fell 0.4%, reflecting deflationary pressures.