Latest JPMorgan Chase & Co News

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

A women wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange, Thursday, May 28, 2020. Asian stocks are mixed after an upbeat open, as hopes for an economic rebound from the coronavirus crisis were dimmed by tensions between the U.S. and China over Hong Kong and other issues. (AP Photo/Vincent Yu)

Asian shares mixed after Wall Street rally; Hong Kong lower

May. 28, 2020 12:36 AM EDT

BANGKOK (AP) — Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Shares rose in Tokyo, Sydney and Shanghai but dropped in Hong Kong, where tensions are flaring over Beijing’s effort to exert more control...

A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)

Asia stocks mixed on uncertainty over Hong Kong security law

May. 26, 2020 11:48 PM EDT

Major Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic. Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a...

A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index in Hong Kong, Wednesday, May 13, 2020.  Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon. (AP Photo/Vincent Yu)

Asian shares track Wall Street retreat on virus rebound fear

May. 12, 2020 11:55 PM EDT

Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon. Benchmarks slid in Tokyo, Shanghai and Hong Kong but rose in Taiwan. The top U.S. infectious diseases expert, Dr. Anthony Fauci, told Congress...

A man stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, May 7, 2020. Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. (AP Photo/Eugene Hoshiko)

Asian shares mixed after Wall St dips on pandemic worries

May. 7, 2020 12:06 AM EDT

TOKYO (AP) — Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. Comments by President Donald Trump on trade with China and casting blame on Beijing for the coronavirus pandemic have further dampened sentiment....

FILE - In this Feb. 27, 2020, file photo, a woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong. Asian shares are mixed Tuesday, April 28, as governments inch toward letting businesses reopen and central banks step in to provide cash to economies. (AP Photo/Kin Cheung, File)

Asia shares mixed, eyeing economies reopening, central banks

Apr. 27, 2020 11:12 PM EDT

TOKYO (AP) — Asian shares are mixed Tuesday as governments inch toward letting businesses reopen and central banks step in to provide cash to economies. Japan's benchmark Nikkei 225 lost earlier gains, dipping 0.4% to 19,706.19. South Korea's Kospi stood virtually unchanged, inching down less than 0.1% to...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after China's economic growth data, while bleak, was better than expected. (AP Photo/Ahn Young-joon)

Hope takes the reins on Wall Street, stocks rally worldwide

Apr. 17, 2020 5:51 PM EDT

NEW YORK (AP) — In Wall Street’s tug of war between hope and pessimism about the coronavirus pandemic, hope is fighting back. U.S. stocks joined a worldwide rally Friday and closed out their first back-to-back weekly gain since the market began selling off two months ago. The S&P 500 jumped 2.7%...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after China's economic growth data, while bleak, was better than expected. (AP Photo/Ahn Young-joon)

Asian shares climb on China data, Wall Street rally

Apr. 16, 2020 11:36 PM EDT

BANGKOK (AP) — Shares surged Friday in Asia after China reported economic data that, while bleak, was better than expected. The strong open followed an overnight rally on Wall Street powered by buying of Amazon, health care stocks and other market niches that are thriving in the coronavirus crunch. China...

FILE - In this April 3, 2020, file photo, a car exits the drive-thru of a PNC Bank in downtown Scranton, Pa. Americans are beginning to see the first economic impact payments hit their bank accounts this week. The IRS tweeted Saturday, April 11, 2020, that it had begun depositing funds into taxpayers’ bank accounts and would be working to get them out as fast as it can. (Christopher Dolan/The Times-Tribune via AP, File)

Here's what to know about your relief check from the gov't

Apr. 16, 2020 8:05 PM EDT

Americans are beginning to see the first economic impact payments hit their bank accounts. The Treasury Department says about 80 million Americans received checks as of Wednesday. The one-time payments were approved by Congress as part of an emergency relief package intended to combat the economic damage from...

FILE - In this March 16, 2020 file photo, Trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of the trading day.  Companies are scrambling to conserve cash as the economy grinds to a halt due to the coronavirus, all while bills remain due. Future profits are sure to fall due to the looming recession, which gives companies less leeway to pay their shareholders. (AP Photo/Craig Ruttle, File)

A gusher of cash for stock investors is getting capped

Apr. 16, 2020 8:10 AM EDT

NEW YORK (AP) — A fire hose of cash that's rained trillions of dollars on to those fortunate enough to own stocks is suddenly being choked off. Profits for U.S. companies piled up in recent years thanks to a strengthening economy, low interest rates and a big tax cut. And every three months, CEOs have been...