The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focusTag: JPMorgan Chase
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials dragBig US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payoutsMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth growsCapital One to buy Discover Financial in $35.3 billion all-stock deal
Capital One plans to acquire Discover Financial Services to create a global payments giant.
Read More Capital One to buy Discover Financial in $35.3 billion all-stock dealJPMorgan Chase to pay $290m to settle with victims of Jeffrey Epstein
JPMorgan Chase has revealed that the company will pay around $290 million to settle a class action lawsuit with a woman who claims that the bank knowingly benefited from sexual abuse that she and others suffered from at the hands of Jeffrey Epstein.
Read More JPMorgan Chase to pay $290m to settle with victims of Jeffrey Epstein