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JPM Jun 2024 165.000 put
| Previous close | 0.0300 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0600 |
| Strike | 165.00 |
| Expiry date | 2024-06-07 |
| Day's range | 0.0100 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.11k |
- Yahoo Finance Video
Best plays as the market awaits next Fed interest rate decision
As Wall Street eyes Friday's jobs report ahead of the next Federal Open Market Committee meeting, many investors are keeping their hopes up for an interest rate cut. Rockland Trust vice president and portfolio manager Michael Sayers and Halo Investing president & co-founder Jason Barsema join Market Domination to reflect on the state of the economy and discuss their top plays. "I think investors should brace for volatility as we look to the summer," Barsema warns as earnings season has wrapped up. However, Sayers is less concerned: "I think the economy has enough underlying momentum, and there's a lot of fiscal support from all the government spending such that we can make it through the end of the year without a significant deterioration in the economy." Barsema is bullish on utilities, believing they are a great defensive play if the economy continues to soften. On the offense, he points to the increased demand from the AI boom as a major source of growth. He also points to large banks as better positioned compared to smaller banks, which have a lot of commercial real estate amid a tight market. Sayers highlights industrial players like Honeywell (HON) as well-positioned to benefit from the "industrial renaissance" the US sees as supply chains move back on shore. The company has also rolled out an AI platform designed to deliver customer-specific insights that Sayers believes has much growth potential. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Barrons.comCitizens Financial Snags $1 Billion Former First Republic Advisor Team From JPMorgan Chase
The team is led by advisor Brian Nagle, who worked at First Republic Bank until its acquisition by JPMorgan Chase last year.
ReutersExclusive-JPMorgan payments chief Georgakopoulos to leave, according to memo
NEW YORK (Reuters) -JPMorgan Chase's global head of payments, Takis Georgakopoulos, is leaving to pursue other opportunities, prompting the bank to install new leaders atop one of its fastest-growing divisions, according to an internal memo seen by Reuters on Monday. Max Neukirchen and Umar Farooq have been picked to succeed Georgakopoulos, effective immediately. The appointments are the latest big leadership changes put in place by CEO candidates Jennifer Piepszak and Troy Rohrbaugh as they put their stamp on the newly merged commercial and investment banking division.
