Straits Times Index
3,322.62 +14.72 (+0.45%) S&P 500
5,262.58 -44.43 (-0.84%) Dow
39,059.44 -611.60 (-1.54%) Nasdaq
16,702.71 -98.83 (-0.59%) Bitcoin USD
67,053.33 -2,505.44 (-3.60%) CMC Crypto 200
1,450.95 -51.71 (-3.44%)
GS Jan 2026 165.000 put
- Yahoo Finance Video
JPMorgan's Dimon, Goldman's Solomon voice concerns on economy
In recent interviews, JPMorgan Chase (JPM) CEO Jamie Dimon believes a hard-landing scenario for the US economy is still possible while Goldman Sachs (GS) CEO David Solomon expects the Federal Reserve will keep interest rates higher for even longer based on AI efficiencies. Yahoo Finance's The Morning Brief report on these Big Bank reactions after the release of May's FOMC meeting minutes and what these comments say about overall confidence for the Fed's 2% inflation target For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance
Some Fed officials willing to raise rates if needed: Meeting minutes
Fed officials said at their last policy meeting that rates would likely stay higher for longer if inflation readings continued to disappoint, while some policymakers discussed their willingness to raise rates if needed.
- The Telegraph
Value of Nvidia jumps by as much as Britain’s most valuable company
The US microchip giant Nvidia has gained the entire value of Britain’s biggest listed company in a single day as the artificial intelligence (AI) boom sent shares to a fresh record high.
