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…

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