Stock market news live updates: Stocks slide after data impresses, Dimon warns

Financial

U.S stocks lost ground during the first trading session of June after stern comments from JPMorgan (JPM) boss Jamie Dimon warning of a “hurricane” bearing down on the U.S. economy. The S&P 500 fell 0.7%, the Dow lost 0.5%, and the Nasdaq declined by 0.7% on Wednesday. After rallying to start the trading session, the…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Ottawa To Challenge New Softwood Lumber Duties
Project aims to restore degraded Indonesian forests — by partnering wi
Interest Rate Market Update: July Jobs
A ‘shakeout’ among mortgage lenders is coming, according to CEO of bank that left the business
Housing shortage seeping into the Midwest and South