Tag: jpmorgan
US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid package — including the potential for a direct payout to most American workers. Domestic indexes had risen sharply…
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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works
It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos about WeWork’s yanked IPO in September, Solomon suggested it was proof that the listing process works, despite that…
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