Stocks surge thanks to big rally for JPMorgan Chase and other banks
CNN
Investors took a break from selling in May and going away, for one day at least.
Stocks soared Monday, as positive news about earnings from banking powerhouse JPMorgan Chase and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on Wall Street.
The Dow gained nearly 620 points Monday, a gain of about 2%. Dow component JPMorgan Chase (JPM) surged 6% after the Wall Street giant raised its outlook for interest income, a key measure of profitability.
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Doctors in Argentina were already on high alert when a pregnant Russian woman showed up at the hospital. The 22-year-old looked nervous and malnourished, and her companions didn’t let her speak, according to police reports and Argentina’s prosecutor.
A Louisiana immigration judge is set to decide Friday whether to release Palestinian activist and Columbia University student Mahmoud Khalil one month after he was arrested by federal agents following a deportation order from the Trump administration.
Democratic Colorado Sen. Michael Bennet announced Friday that he is running for governor in 2026 as the one-time presidential candidate looks to succeed term-limited Gov. Jared Polis.
A federal judge said Thursday that she will prevent the Trump administration from ordering hundreds of thousands of Cubans, Haitians, Nicaraguans and Venezuelans with temporary legal status to leave the country later this month.
Brazil’s former President Jair Bolsonaro has been hospitalized after experiencing “severe abdominal pain,” his son Carlos said on X on Friday.
Ecuadorians will head to the polls on Sunday in a runoff presidential election, choosing between a conservative incumbent or a leftist lawyer as the country struggles with a cocaine-fueled security crisis.
Ecuadorians will head to the polls on Sunday in a runoff presidential election, choosing between a conservative incumbent or a leftist lawyer as the country struggles with a cocaine-fueled security crisis.
The US announced it removed the commander of the Pituffik Space Base in Greenland on Thursday because of a “loss of confidence in her ability to lead,” after Vice President JD Vance’s controversial visit to the semiautonomous island last month.
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Trump’s economic team of rivals braces for turbulence after doing little to curb his tariff appetite
President Donald Trump is happy to talk about the financial markets when they’re rising, as they were on Wednesday, but when markets were falling Thursday in the aftermath of his remarkable turnabout on tariffs, he punted to the closest adviser around.
A sightseeing helicopter plunged from the sky into the Hudson River on Thursday, turning a family outing above Manhattan’s misty skyline into a tragedy.
Four House members from competitive districts — two Republicans and two Democrats — offered a preview of congressional budget battles and the midterm election season to come Thursday night in a CNN town hall.
The Supreme Court on Thursday required President Donald Trump’s administration to “facilitate” the return of a Maryland man mistakenly deported to El Salvador but stopped short of requiring the government to return him to the United States.