- Investor's Business Daily
Dow Jones Rises, Nasdaq Slides As Nvidia, Bitcoin Keep Falling; Amazon In Buy Area
The Dow Jones rose Monday today, while Nvidia continued to pressure the S&P 500 and Nasdaq. Bitcoin also retreated Monday. Amazon and Meta are near buy points.
- Reuters
Citi's 'living will' flaws manageable but distracting, J.P.Morgan says
Citi was one of four banks whose living wills were found lacking by the U.S. Federal Reserve and the Federal Deposit Insurance Corp due to shortcomings tied to their derivatives portfolios. "It adds to the list of issues that management needs to focus on," the brokerage said, noting reports about the setbacks Citi is facing over its consent orders and a recent lawsuit by a former managing director who says she was fired for opposing what she said were attempts to give regulators false information. Citi has said the lawsuit is "without merit" and vowed to "vigorously defend against it".
- Evening Standard
FTSE 100 Live 24 June: US stocks fall as Nvidia shares slip, London Tunnels snubs LSE for Euronext IPO
Prudential’s $2 billion buyback plan and a tie-up between Frasers Group and THG are among today’s FTSE 100 highlights. Outside the top flight, SIG shares are lower after a profit warning by the building supplies firm. Meanwhile, the London Tunnels tourist attraction has snubbed its home stock market in favour of a listing on Euronext.
