5 things to know before the stock market opens Tuesday
Publishing timestamp: 2023-04-04 07:09:27
Summary
JPMorgan Chase CEO Jamie Dimon warns that the banking crisis triggered by Silicon Valley Bank's collapse is not yet over, and there will be repercussions for years to come. Google is cutting back on office amenities and services as part of its cost-cutting measures. Virgin Orbit files for Chapter 11 bankruptcy protection and seeks a sale during the process. Regulators tell Illumina to divest cancer test developer Grail, and the company plans to appeal the decision. Former US President Donald Trump will turn himself in to New York authorities over a criminal case related to a hush-money payoff to a porn star before the 2016 election. Wealthy GOP donors and fundraisers are hesitant to back Trump's closest rival for the GOP presidential nomination, Florida Gov. Ron DeSantis, due to fears of incurring Trump's wrath.
Sentiment: MIXED
Tickers: VORB, GOOGL, JPM, GOOG, ILMN,
Keywords: business news, virgin orbit, alphabet inc, jpmorgan chase & co, business, alphabet class c, economy, markets, investment strategy, illumina inc,
Source: https://www.cnbc.com/2023/04/04/5-things-to-know-before-the-stock-market-opens-tuesday-april-4.html