Tuesday, August 11, 2020

Jamie Dimon: The stock market doesn't reflect Americans' pain

The stock market's huge run-up in recent months doesn't capture everyday Americans' pain. That's why the government and Big Business should act to help ease the burden on the least fortunate, said JPMorgan Chase CEO Jamie Dimon, in an interview with CNN Business.
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Jamie Dimon: The stock market doesn't reflect Americans' pain
The stock market's huge run-up in recent months doesn't capture everyday Americans' pain. That's why the government and Big Business should act to help ease the burden on the least fortunate, said JPMorgan Chase CEO Jamie Dimon, in an interview with CNN Business. Read more »
 
A surprise 'safe-haven' investment has surged 180% since March
Bitcoin is on a tear: The price of one bitcoin is now trading just above $11,500, the highest level in about a year. Bitcoin has surged more than 60% in 2020 and is up more than 180% from its mid-March lows of about $4,000. Read more »
 
Airbnb is reportedly close to filing an IPO
Airbnb is reportedly close to filing to go public, marking a surprise turnaround for the company that recently cut a quarter of its workforce during the pandemic. Read more »
 
The stock market is this close to setting another record -- the shortest bear market in history
The S&P 500 is on track to end Tuesday at a new record high -- its first since the pandemic hit and exceeding its all-time high from February. That would mean it took Wall Street less than five months to go from nadir to new record, which would be the shortest bear market in history. Read more »
 
Boeing loses more jet orders
Boeing lost orders for another 43 jets in July. But that's actually an improvement for the troubled aircraft maker's order book. Read more »
 
Why the iPhone 12 will be the most important Apple product in six years
Apple has long been expected to debut a batch of 5G-enabled iPhones this fall. Now it appears all of the company's new phone releases this year may be able to connect to the next generation of super-fast wireless networks, according to Wedbush analyst Dan Ives. Read more »
 
 
 
 
Dow Nasdaq S&P
-104.53   -185.53   -26.78
27,686.91   10,782.82   3,333.69
-0.38%   -1.69%   -0.80%
YTD -2.98%   YTD +20.17%   YTD +3.19%
 
Biggest Winners
Las Vegas Sands Corp +7.32%
 
Albemarle Corp +6.00%
 
Corteva Inc +5.35%
 
National Oilwell Varco Inc +5.07%
Biggest Losers
Occidental Petroleum Corp -8.01%
 
Newmont Corporation -7.39%
 
Clorox Co -4.74%
 
Digital Realty Trust Inc -4.18%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $41.68 +0.07 / +0.17%
Gold $1,924.20 -22.10 / -1.14%
10-yr 0.66% +0.08
Euro $1.17 +0.00 / +0.03%
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Why are billionaires loading up on oil?

JP Morgan analysts have pegged the future price of oil at $380.............................................................................