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.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
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%
 
Chipotle Mexican Grill Inc +3.62%
Biggest Losers
Royal Caribbean Cruises Ltd -13.20%
 
Norwegian Cruise Line Holdings Ltd -8.24%
 
Carnival Corp -7.76%
 
SL Green Realty Corp -6.12%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $40.17 -0.03 / -0.07%
Gold $1,894.70 +0.10 / +0.01%
10-yr 0.73% -0.05
Euro $1.17 -0.01 / -0.57%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2020 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

"Crypto's 18,000% Man" Makes New Profit Prediction

"Crypto's 18,000% Man" Makes New Profit Prediction ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...