They really effed up this time.
First the scoreboard:
Dow: 12,820, -34.4, -0.2%
S&P 500: 1,353, -4.6, -0.3%
NASDAQ: 2,933, +0.1, +0.0%
And now the top stories:
- After yesterday's closing bell, JP Morgan hosted a surprise conference call to discuss new details in their 10-Q. The bank, considered by many as the best risk manager in the world, announced a shock $2 billion trading loss from its chief investment office. The position was supposedly a hedge gone wrong. LISTEN To The Greatest Moments Of Jamie Dimon's Embarrassing Conference Call.
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