Tuesday, October 13, 2020

JPMorgan CEO Jamie Dimon: Double dip recession would cause 'pain and suffering'

JPMorgan Chase CEO Jamie Dimon expressed confidence Tuesday in America's ability to get through next month's election even as he urged the federal government to do more to prevent a double-dip recession.
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JPMorgan CEO Jamie Dimon: Double dip recession would cause 'pain and suffering'
JPMorgan Chase CEO Jamie Dimon expressed confidence Tuesday in America's ability to get through next month's election even as he urged the federal government to do more to prevent a double-dip recession. Read more »
 
A contested election could cost America its AAA credit rating
A messy election could harm more than just faith in democracy — it could also cost the United States its perfect credit rating. Read more »
 
JPMorgan posts surprise profit gain as loan book withstands turmoil
JPMorgan Chase unexpectedly grew its bottom line last quarter as the bank's Wall Street business and its Main Street arm withstood turmoil in the global economy. Read more »
 
Boeing's deliveries are still weak as it loses more orders
The airline industry's troubles continue to hammer Boeing. The aircraft maker once again reported weak deliveries and shrinking orders for September. Read more »
 
AMC Theatres could run out of money by the end of the year
Illustrating how dire the situation is for the movie theater industry, the world's largest theater chain could run out of money by the end of the year. Read more »
 
Delta warns investors: 'It may be two years or more' for air travel to recover
Delta Air Lines posted yet more massive losses in the third quarter, warning investors "it may be two years or more" for demand for air travel to return to normal. Read more »
 
 
 
 
Dow Nasdaq S&P
-157.71   -12.36   -22.29
28,679.81   11,863.90   3,511.93
-0.55%   -0.10%   -0.63%
YTD +0.50%   YTD +32.22%   YTD +8.70%
 
Biggest Winners
Waters Corp +7.08%
 
BlackRock Inc +3.91%
 
Domino's Pizza Inc +3.86%
 
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Biggest Losers
Royal Caribbean Cruises Ltd -13.20%
 
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Carnival Corp -7.76%
 
SL Green Realty Corp -6.12%
Hottest ETF
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Oil $40.17 -0.03 / -0.07%
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10-yr 0.73% -0.05
Euro $1.17 -0.01 / -0.57%
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