empty
06.06.2023 03:36 PM
JPMorgan's chief aims for US presidency

While the US stock market is calming down and preparing for a relaxed week, rumors are swirling that Jamie Dimon, CEO of JPMorgan, is planning to run for the US president post. These rumors emerged after Dimon recently expressed in an interview his desire to serve his country.

This image is no longer relevant

Notably, the CEO is well respected in business circles for his leadership at JPMorgan, transforming it into the largest and most profitable bank in the US. Last week, hedge fund manager Bill Ackman tweeted that Dimon should run for president in the upcoming 2024 election.

However, a statement from JPMorgan today refuted these speculations: "As he has said in the past, Jamie has no plans to run for office. He is very happy in his current role." However, today's political claims may be different tomorrow, suggesting that this bank denial is nothing more than background noise surrounding Dimon.

Since joining JPMorgan in 2005, Dimon has frequently fueled such speculations. In an off-the-cuff remark at an investor meeting in 2018, he said he could take on then-President Donald Trump, but quickly regretted his comments.

In recent years, Dimon has backed many initiatives and worked on a number of the country's unresolved issues, including healthcare, economic inequality, and urban infrastructure decay. His long-standing position as bank chief has raised questions, so it is possible that Dimon could pose some competition to Biden and Trump in 2024.

Premarket

Cryptocurrency exchange Coinbase shares fell by 10% after the US Securities and Exchange Commission filed a lawsuit against crypto exchange Binance, alleging that Binance and its co-founder, Changpeng Zhao, used billions of US investor dollars for personal gains.

Shares in software development company EPAM fell by 18% after it cut its outlook amid worsening short-term demand. Expected earnings per share for the second quarter are estimated between $2.33 and $2.40, below the FactSet estimate of $2.43.

As for the S&P 500 index, the demand slightly decreased. Meanwhile, bulls have to establish an upward trend. Bulls should settle the price above $4,250, from where they may drag the price higher to $4,290. They also need to control $4,320, reinforcing the bull market. If the index declines due to a decline in risk appetite and hawkish comments from the Fed, bulls will have to protect $4,255 and $4,230. Breaking through this level, the trading instrument may return to $4,175 and plummet to $4,143.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Mercado de valores el 18 de marzo: los índices SP500 y NASDAQ suben por segundo día consecutivo

Los índices bursátiles estadounidenses cerraron ayer con una fuerte subida. El S&P 500 aumentó un 0,64%, mientras que el Nasdaq 100 ganó un 0,31%. Las acciones asiáticas también están subiendo

Jakub Novak 08:25 2025-03-18 UTC+2

El mercado de valores el 17 de marzo: los índices S&P 500 y NASDAQ siguen bajo presión

Los futuros de los índices bursátiles estadounidenses cayeron después de que el secretario del Tesoro, Scott Bessent, calificara la reciente caída como favorable, lo que reforzó la opinión

Jakub Novak 10:38 2025-03-17 UTC+2

El mercado de valores el 14 de marzo: los índices SP500 y NASDAQ continúan cayendo

Los futuros del índice de acciones S&P 500 y NASDAQ continuaron su fuerte descenso y volvieron al desarrollo de un escenario bajista. Las acciones asiáticas, así como los futuros

Jakub Novak 10:16 2025-03-14 UTC+2

Mercado de EE.UU. NASDAQ y S&P 500 en territorio de corrección: 10% por debajo de sus máximos.

S&P500 Análisis del 14 de marzo Mercado de EE.UU.: Corrección profunda. Principales índices de EE.UU. el jueves : : Dow -1.3%, NASDAQ -2%, S&P 500 -1.4%, S&P500 5521, rango 5400

Jozef Kovach 10:15 2025-03-14 UTC+2

Google, la Reserva Federal, Salesforce y los mercados de divisas: eventos que no se pueden ignorar

Los mercados modernos no se detienen: las nuevas tecnologías, los datos macroeconómicos y las decisiones políticas pueden cambiar instantáneamente el equilibrio de poder en la economía global. En este artículo

Natalia Andreeva 11:14 2025-03-13 UTC+2

S&P 500 se acerca a un punto de reversión. ¿Riesgo o oportunidad?

El mercado de valores estadounidense sigue mostrando una alta volatilidad, pero los inversores comienzan a buscar puntos de entrada después de la reciente caída. El enfoque está en la dinámica

Anna Zotova 11:14 2025-03-13 UTC+2

El mercado bursátil el 13 de marzo: el crecimiento de los índices S&P 500 y NASDAQ no duró mucho

Los futuros de los índices S&P 500 y NASDAQ volvieron a caer después de la publicación de los datos de inflación en EE. UU. de ayer, que, sorprendentemente, indicaron

Jakub Novak 07:55 2025-03-13 UTC+2

El mercado de valores el 12 de marzo: los índices SP500 y NASDAQ alcanzaron un nuevo mínimo

Los futuros del índice S&P 500 subieron un 0,2% después de perder un 0,76% al cierre de la jornada anterior, mientras que los contratos de futuros del Nasdaq 100 aumentaron

Jakub Novak 08:18 2025-03-12 UTC+2

El mercado de valores el 11 de marzo: los índices SP500 y NASDAQ cayeron más del 5,0%

La venta masiva de acciones continuó ayer, pero ya se desaceleró hoy durante la sesión asiática, lo que llevó a una recuperación de los futuros de los índices bursátiles estadounidenses

Jakub Novak 08:14 2025-03-11 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.