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Dow Jones futures lower even as JPM beats the street

The Q1 results from the US banking giant JP Morgan Chase have just been released and they have beaten on analyst estimates, on both top and bottom line. The results from Wells Fargo have also beaten estimates too. The impact of this has not really delivered a positive move in the Dow Jones futures though. They were pricing a slightly higher opening for the this afternoon, closer to 38,600 earlier. The index future is now falling back to below where it closed yesterday, at 38,459 and the index is currently priced to reopen lower, at around 38,350 

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