Jamie Dimon, JPMorgan and stock market
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Trump Adds 100% China Tariff After Stock Market Dives; Oracle, Tesla, Taiwan Semi In Focus
The stock market sold off Friday as President Donald threatened "massive tariffs" vs. China over its tighter rare-earth export rules. Trump followed through, imposing an extra 100% tariff on China after the close.
PM ET as U.S.- China trade tensions are back in the headlines and the government shutdown continues into the weekend. The U.S. government shutdown, now in its tenth day, has stalled key economic data,
For Signal Advisors, the timing could prove savvy. With JPMorgan’s strong capital returns, rising dividend (up 20% this year), and share buybacks totaling $7 billion in the second quarter, the stock continues to offer both income and upside as the nation’s largest bank extends its lead in profitability and market share.