US STOCKS-S&P, Dow primed for new highs on JPMorgan results

jueves 14 de julio de 2016 08:50 GYT

* JPMorgan revenue beat boosts stock; other banks also up

* BoE leaves rate unchanged, surprise move dents futures

* Yum rises on strength in key China business

* Futures up: Dow 150 pts, S&P 16.5 pts, Nasdaq 30.25 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

July 14 (Reuters) - The S&P 500 and the Dow were set to scale record highs on Thursday, as JPMorgan's strong results set an upbeat mood for the earnings season, especially for big banks in the next few days.

Stock futures took a step back briefly after the Bank of England surprised investors by leaving interest rates unchanged at 0.50 percent.

But, investors took hope after the central bank also signaled that it would likely be a stimulus program in August, once the impact of Britain's decision to leave the European Union had been assessed.

JPMorgan, the biggest U.S. bank by assets, reported quarterly revenue rise that beat estimates by a large margin. The company's shares rose 2.3 percent to $64.60 premarket.   Continuación...