JPMorgan Financial News

Citibank has announced that one of it’s long-time employees and senior leaders is to retire after 22 years.

Developing-world currencies were mixed on Tuesday as traders awaited key speeches and data that could shed light on the outlook for US interest rates while losses in Hong Kong-listed tech stocks drove emerging-market equities lower. 

 'Making Money' panelists Chris Low and Steven Blitz break down the Federal Reserve's moves to keep inflation in check.

UltraTech Cement but downgraded MGL to sell. Jefferies downgraded IIFL Finance to hold and JPMorgan maintained an overweight rating on RIL.

By Simon Jessop, Isla Binnie and Ross Kerber

Investing.com — Sea Limited 's (NYSE:SE) e-commerce unit will likely drive positive revisions in the Singaporean conglomerate's near-term outlook, according to analysts at JPMorgan.

The sharp rally in US stocks this year has left strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. divided about whether a market bubble is forming. 

Stocks have advanced this year despite higher bond yields and diminishing hopes for rate cuts.

Mumbai, depending on market conditions, with the possibility that more banks could be added, as per the report. Representatives for the five banks, as well as Ather, declined to comment.

Siemens, Jefferies recommended a buy on IIFL Finance, JPMorgan has an overweight rating on Max Healthcare, and Macquarie maintained an outperform rating on Tata Motors.

Investing.com -- The S&P 500 notched yet another record high last week, closing above the 5,100 mark for the first time ever. The Nasdaq Composite index also touched a new all-time high, exceeding its previous peak from 2021. The tech-oriented Nasdaq rose more than 1.1% on the day, surging as high as 16,302, before closing at 16,274. Meanwhile, the Dow Jones Industrial Average added 90.99 points, or 0.23%, to 39,087.38.

JPMorgan Chase & Co. acquired LayerOne Financial, an investment management platform that was spun out from Fortress Investment Group, as it seeks to improve its offerings for hedge funds. 

By Shankar Ramakrishnan

By Simon Jessop

Former Federal Reserve Bank of St. Louis President and CEO James Bullard analyzes latest inflation readings and the Fed's expected rate path.

This morning, Coinbase Global's (NASDAQ:COIN) stock price surpassed its 52-week high in pre-market trading, propelled by a significant rise in Bitcoin prices, which earlier today breached the $59,000 mark, also setting a new 52-week high.

With the S&P 500 recently hitting another all-time high, the investor sentiment is predominantly bullish, resulting in a consensus view on the «goldilocks outcome» among market participants.

BlackRock Inc., the world’s biggest asset manager, and Amundi Asset Management, Europe’s largest money manager, both see Japan going from strength to strength. 

With the S&P 500 recently hitting another all-time high, the investor sentiment is predominantly bullish, resulting in a consensus view on the «goldilocks outcome» among market participants.

Arbor Financial President Jeffrey Small argues that the ‘Magnificent Seven’ stocks will repeat their 2023 run in 2024 during an appearance on ‘Varney & Co.’

Anirudh Kejriwal, a vice president at JPMorgan Chase & Co, took to social media to narrate his experience of buying a flat in a society at Gandhinagar, Gujarat. He alleged caste discrimination, saying that the society is barring his entry due to his caste. He also alleged that he was threatened by a gathering of around 30 people who warned him against buying the flat. In a series of tweets, the JP Morgan executive, who works in GIFT City, said: «Shocked to face blatant caste discrimination in Sant Vihar 1 Society, Gandhinagar, Gujarat. My attempt to buy a flat turned into a nightmare as society's management is barring my entry due to caste. After paying a significant advance, planning was underway to finalize the sale deed. But the seller’s evasion on providing the NOC from the society was the first red flag. Little did I know, the real issue lay deeper.» «My concerns were confirmed when the society’s chairman and management openly stated their refusal to allow people from ‘other’ castes to move in. In the heart of Gujarat, this open discrimination left me in disbelief.»