J.P. Morgan (JPM) Sued by New York Over Alleged MBS Fraud
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Market Wrap: Bernanke Defends Fed Action; JPMorgan CIO Exec Says 'So Long!'; Manufacturing on Fire
October 1, 2012 5:46 PM EDTMarket wrap-up for October 1st, 2012
End of the Day: S&P 500 up 3.8 to 1,444.49; Dow Jones up 78.0; Nasdaq down 2.7 to 3,113.53
The following is a brief summary of events moving markets today:He'll say it once and say it again: Fed chairman Ben Bernanke issued comments to the Economic Club of Indiana today, defending the Fed's role in fiscal policy and inflation. Following new rounds of stimulus announced in September, Bernanke today said rates would remain low due to economic growth not... More
New York Sues JPMorgan (JPM) Over Mortgage Securities - Bloomberg
October 1, 2012 5:34 PM EDTJPMorgan Chase & Co. (NYSE: JPM) said to be sued by New York over mortgage securities, according to Bloomberg.... More
