JPMorgan (JPM) CEO Dimon says markets will be concerned until the Iran war is over, via Fox News
JPMorgan's CEO Jamie Dimon highlights concerns in the markets linked to the ongoing conflict in Iran, indicating that volatility may persist until the situation stabilizes.
Daily US Equity Opening News - NVDA invests $2B into MRVL; LLY to buy CNTA, BIIB to acquire APLS
US General Caine says US troops are out there, Iran should consider diplomacy
JPMorgan (JPM) CEO Dimon says markets will be concerned until the Iran war is over, via Fox News
USTR Greer, on China, says focused on preparing for the leaders' meeting; sees stability with China over the next year.
USTR Greer, on the Strait of Hormuz, says the US is insulated from supply chain effects; US is monitoring global effects; Hormuz did not come up in conversations with China
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- Says that Trump accounts are a "great idea", and "we are going to participate".
- Some jobs losses have been due to AI, but most are redeployed.
This sentiment suggests heightened risk aversion, particularly affecting sectors like equities and energy, as traders reassess geopolitical risks and their implications for global stability and economic outlook.
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