Wall Street CEOs amid stock selloff summoned to White House

With stocks in freefall, Trump summons banking CEOs to the White House

As the U.S. stock market and oil prices register one of the worst days in history, CEOs of Wall Street's biggest banks have been invited to the White House to meet with President Trump this Wednesday, FOX Business has learned.

DOW TUMBLES MORE THAN 2,100 POINTS

Ticker Security Last Change Change %
GS THE GOLDMAN SACHS GROUP INC. 397.32 -2.79 -0.70%
MS MORGAN STANLEY 101.25 -1.25 -1.22%
BAC BANK OF AMERICA CORP. 44.16 -0.55 -1.23%
C CITIGROUP INC. 62.46 -0.44 -0.70%
JPM JPMORGAN CHASE & CO. 160.71 -1.86 -1.14%
WFC WELLS FARGO & CO. 49.41 -0.84 -1.67%

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It is unclear which firms and CEOs have received invites, however, it is unlikely JPMorgan CEO Jamie Dimon, who is recovering from emergency heart surgery, will attend.

JPMORGAN CEO DIMON RECOVERING FROM EMERGENCY HEART SURGERY

Trump and members of his administration say the fundamentals of the economy are strong, despite the sharp drop in equity prices, but will look to discuss the financial market fallout from the coronavirus and potential solutions.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 35754.75 +35.32 +0.10%
SP500 S&P 500 4701.21 +14.46 +0.31%
I:COMP NASDAQ COMPOSITE INDEX 15786.987996 +100.07 +0.64%

OIL PRICES TUMBLE TO 1991 LOWS

The administration is considering whether to implement some form of response to address the damage to the economy that the virus could impose.

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