JPM May 2024 160.000 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.
- Bloomberg
JPMorgan Hunts for Private Credit Firm to Grow in Hot Sector
(Bloomberg) -- JPMorgan Chase & Co. is on the hunt to buy a private credit firm to augment its $3.6 trillion asset management arm, as the biggest US bank makes more inroads into Wall Street’s buzziest sector.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashHarvard Denies Degrees to 13 Protesters, Defying Faculty VoteUS Justice Department to Seek
- 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.
