Fox Business - The Power to Prosper
Search Site

JPMorgan Chase

MARKET SNAPSHOT: U.S. Stocks Rise After Fed Officials' QE Signal

U.S. stocks rose on Tuesday, with the Dow industrials and S&P 500 finishing at record highs, after comments from two Federal Reserve officials suggested that the central bank is not close to tapering its bond-buying program.The Dow Jones Industrial Average (DJI) gained 52.30 points, or 0.3%, to end at 15,387.58, notching its 19th consecutive Tuesday rise.The S&P 500 index (SPX) climbed 2.87 points, or 0.2%, to 1,669.16, with health care the biggest gainer and telecommunications the biggest laggard among the 10 major industry groups.The Nasdaq Composite (RIXF) rose 5.69 points, or 0.2%, to 3,502.12.More than 687 million shares traded on the New York Stock Exchange. Composite volume topped 3.4 billion.Stocks gained after New York Fed President William Dudley, who is also vice chairman of the Federal Open Market Committee, said that the Fed may adjust the pace of asset purchases up or down depending on the economic outlook and that he was unsure which way the next change will be.And St. L...

Read More

  1. JP Morgan Director Hints At Risk Committee Change

    Lee Raymond, the presiding director of J.P. Morgan , suggested on Tuesday that the composition of the board's risk committee might change in the future. "On the comp...

  2. Dimon Poised to Survive Challenge at J .P . Morgan

    J.P. Morgan Chase & Co.'s (JPM) James Dimon seemed likely Tuesday to survive a challenge to his grip on the posts of chairman and chief executive, according to a per...

  3. MARKET SNAPSHOT: U.S. Stocks Waver Ahead Of Fed Speakers

    U.S. stocks wavered Tuesday, as investors waited for upcoming speeches by Federal Reserve officials that might hint at when the central bank may start to scale back ...

  4. J .P . Morgan Says All Businesses Profitable

    Jamie Dimon, chairman and chief executive of J.P. Morgan said on Tuesday that the bank has consistently earned a fair profit for its shareholders and that all its bu...

  5. EUROPE MARKETS: Europe Stocks Pause After Rally; Carnival Sinks

    European stock markets dropped on Tuesday, after climbing to multiyear highs in the prior session, with investors cautious about making any major moves before more c...

  6. MARKET SNAPSHOT: U.S. Stocks Rise, With Fed Speakers On Tap

    U.S. stocks rose on Tuesday, with investors expected to scrutinize speeches by two Federal Reserve officials for any clues as to when the central bank may begin to s...

  7. J .P . Morgan Up 1.7%, Second-biggest Gainer In Dow

    Financial stocks were up on Tuesday ahead of speeches expected by two Federal Reserve officials that might give indications to the direction of the Fed's bond-buying...

  8. Humana CEO Sticks With Medicare Focus Amid Funding Pressure

    As the federal government squeezes payments for private Medicare plans, Humana Inc. (HUM), the big health insurer most tethered to the government health program, has...

  9. J .P . Morgan's Dimon To Keep Dual Roles: Report

    J.P. Morgan Chase & Co. Chairman and Chief Executive Jamie Dimon will hold on to his dual titles at the bank and defeat a proposal by several activist shareholders t...

  10. Risky Bank Debt Insurance Costs Drop as New Rules Loom

    Traders and investors are dumping contracts designed to protect them against losses on bank bonds, not because they feel more relaxed about the risk on these bonds, ...

  11. Dow Logs 19th-Straight Tuesday Advance

    FOX Business: Capitalism Lives HereThe blue-chip average notched its nineteenth-straight Tuesday win as traders mulled a bullish note from Goldman Sachs and continue...

  12. Stocks Climb in Choppy Action

    FOX Business: Capitalism Lives HereAfter dipping into the red several times, the markets pushed higher on Tuesday, helped by a bullish note from Goldman Sachs and ho...

  1. Wal-Mart, Costco, Other Merchants Push Back Against Swipe-Fee Settlement

    A group of 19 large retailers, including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX), are opting out of a pending class-acti...

  2. Wal-Mart, Costco And Other Merchants Push Back Against Swipe-Fee Settlement

    A group of 19 large retailers including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX) are opting out of a pending class-action...

  3. Resolution to Split Chairman, CEO at J .P . Morgan Fails

    J.P. Morgan Chase & Co. (JPM) boss James Dimon strengthened his grip over the nation's largest bank as shareholders voted overwhelmingly against a proposal to split ...

  4. J .P . Morgan Declares a 38-cent Quarterly Dividend

    J.P. Morgan Chase & Co. announced a quarterly dividend on Tuesday of 38 cents a share on outstanding common shares. The dividend will be paid on July 30, 2013. This ...

  5. MARKET SNAPSHOT: U.S. Stocks Up Slightly On Fed's 'QE' Hints

    U.S. stocks edged higher Tuesday, as investors monitored speeches by three Federal Reserve officials that might hint at when the central bank will start to scale bac...

  6. Proposal To Split JP Morgan Top Roles Defeated

    J.P. Morgan said on Tuesday that shareholders defeated a proposal to split the roles of chairman and chief executive and make the chairman of the board an independen...

  7. Medtronic Sales Rise 4% As Heart, Spinal Sales Rebound

    Medtronic Inc.'s (MDT) fiscal fourth-quarter sales grew roughly 4%, but expenses related to employee layoffs and manufacturing consolidation caused earnings to fall ...

‹ Prev12345Next ›
Freebase CC-BY
Source: JPMorgan Chase on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL