HomeBusiness News – JPMorgan Chase, S&P, United States, Alan GreenspanBusinessBusiness News – JPMorgan Chase, S&P, United States, Alan Greenspan

Business News – JPMorgan Chase, S&P, United States, Alan Greenspan

Ex-JPMorgan exec says her oversight was undermined
WASHINGTON (AP) — A former top executive for JPMorgan Chase is blaming last year’s $6.2 billion trading loss on other executives at the firm, saying they failed to control risk out of the London office and hampered her abilities to prevent the losses.

US Stocks Open Lower; S&P is Near Record
U.S. stock markets are opening lower, threatening to end the Dow’s winning streak at 10 days.The Dow Jones industrial average fell 38 points to 14,500 shortly after the opening bell Friday.

Stocks retreat from record levels
U.S. stocks fell Friday morning, with the S&P 500 holding just below its all-time closing high.

Greenspan: No irrational exuberance, stocks undervalued
Former Federal Reserve Chairman Alan Greenspan said that even with record-high stock prices, investors don’t need to worry about “irrational exuberance” this time.



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