Straits Times Index
3,322.62 +14.72 (+0.45%) S&P 500
5,309.41 +2.40 (+0.05%) Dow
39,408.09 -262.95 (-0.66%) Nasdaq
16,884.50 +82.95 (+0.49%) Bitcoin USD
67,966.15 -1,930.41 (-2.76%) CMC Crypto 200
1,467.18 -35.48 (-2.36%)
JPM Nov 2024 150.000 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.
- Zacks
JPMorgan Chase & Co. (JPM) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, JPMorgan Chase & Co. (JPM) closed at $198.31, marking a -0.61% move from the previous day.
- Reuters
JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says
NEW YORK (Reuters) -The U.S. Commodity Futures Trading Commission is expected as soon as Wednesday to announce a $100 million settlement with JPMorgan Chase & Co over trade reporting lapses, a source with direct knowledge of the matter told Reuters. A spokesperson for the CFTC declined to comment. A JPMorgan spokesperson declined to comment, but referred to previous statements that the bank self-reported the violation and that it found neither misconduct nor any harm to customers.
