Dimon Says Rates Risk Going Much Higher After Bond Selloff
JPMorgan’s Jamie Dimon warns that interest rates could rise significantly further following recent bond market declines, raising concerns for markets and borrowers.
Wall Street keeps rising, even as U.S. households keep getting more discouraged
Stocks hit an eighth straight weekly gain despite a record-low consumer sentiment survey indicating rising household discouragement and inflation worries.
Stock market today: Dow clinches record high, S&P 500 and Nasdaq rise as stocks rebound on US-Iran peace hopes
The Dow Jones Industrial Average reached a new record high today, with the S&P 500 and Nasdaq also advancing amid optimism over US-Iran peace prospects.
Analysts observe Google adopting strategies reminiscent of IBM’s decline, raising concerns over its future relevance amid internal struggles and user trust issues.