2023-10-19 14:57:59 The Dow Jones Index fell more than 100 points as investors sold off risk. Before Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), gave a statement today. In addition, investors are concerned about the release of lower-than-expected numbers of people applying for unemployment benefits. This indicates a strong labor market. and will … Read more
2023-09-26 16:16:48 Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience – Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. Marco Bello | Archyde.com JPMorgan Chase CEO … Read more
2023-08-25 21:03:50 Frankfurt, New York US stock markets edged higher in jittery trading on Friday after little new information on the Fed’s monetary policy path. The Dow Jones index of standard values closed 0.7 percent higher at 34,346 points. The tech-heavy Nasdaq advanced 0.9 percent to 13,590 points. The broad S&P 500 gained 0.7 percent … Read more
2023-08-24 15:21:59 The Dow Jones continues to fall. Recently, it plummeted more than 100 points while investors sold to reduce their risk. ahead of a speech by Federal Reserve Chairman Jerome Powell tomorrow. As of 10:11 p.m. Thai time, the Dow Jones Industrial Average was 34,358.95 points, down 114.03 points or 0.33%, while the Nasdaq … Read more
2023-08-20 14:02:52 Economy The currency markets are awaiting the issuance of many reports and economic data during this week (21-25 August), which will have a significant impact on various markets, especially the US dollar and the euro. The most important of these data are the following: Currency markets and interest rate decision in China The … Read more
2023-08-04 21:35:52 JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are still high and growth ahead is likely to be slow, the bank’s forecasters think the data flow indicates a soft landing is possible. … Read more
2023-08-04 16:42:11 Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not a long-anticipated recession, the Labor Department reported Friday. Nonfarm payrolls expanded by 187,000 for the month, slightly below the Dow Jones estimate for 200,000. Though the headline number was a miss, it actually … Read more
2023-07-27 14:20:04 The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster-than-expected pace during the period, the Commerce Department reported Thursday. GDP, the sum of all goods and services activity, increased at a 2.4% annualized rate for the April-through-June period, better than the 2% consensus … Read more