Overview

• China's economy grew at the fastest rate in a year last quarter due to strong consumer spending, benefiting some stocks in the portfolio.
• Jp Morgan shares rise after strong earnings report but big tech stocks struggle amid concerns over potential loss of major client.
• Investors weigh whether to buy regional bank stocks and consider cheap stocks as analysts recommend strong opportunities with huge upside potential.
• Interest rate hikes slow earnings for State Street but pros say buy the dip in some stocks with long-term benefit.
• Traders look ahead to earnings from Netflix, Goldman Sachs and other consumer, health care and bank stocks to gauge market direction.