On Monday, JPMorgan Chase increased its forecast for net interest income (NII) to $91 billion, excluding the markets division, highlighting the difference between what it earns on loans and what it pays out on deposits. The bank’s shares rose approximately 1% in premarket trading ahead of its investor day event scheduled to begin later […]

  U.S. stock index futures saw a slight uptick on Monday, with investor focus turning to Nvidia’s quarterly earnings and the release of the Federal Reserve’s policy meeting minutes later this week, potentially challenging Wall Street’s ongoing record-breaking streak. Last week, the three major indexes notched their fourth consecutive week of gains, buoyed by positive

  The dollar held steady on Monday as investors awaited further guidance on the trajectory of U.S. interest rates following cautious remarks from Federal Reserve officials, despite signs of easing inflation. The euro remained largely unchanged at $1.0865, near a nearly two-month high of $1.0895 reached last week. It has gained 2% in May, supported

  The Dow Jones Industrial Average (DJIA) made history on Friday by closing above the key level of 40,000 for the first time ever. It gained 134.21 points, or 0.34%, reaching 40,003.59, after hitting an intraday high in the previous session. Meanwhile, the S&P 500 edged up 6.17 points, or 0.12%, to 5,303.27, while the

  U.S. stock futures saw marginal gains on Monday, maintaining a level of optimism at the outset of the week. Investors awaited further insights into the future trajectory of U.S. monetary policy. Here are some notable movers in the premarket trading session: JPMorgan Chase (NYSE:JPM) shares edged up by 0.7% following the investment bank’s upward