First Republic Bank auctioned off to JPMorgan Chase
After the high-profile seizure of the First Republic Bank, JPMorgan has agreed to pay $10.6 billion to US regulators for taking over the bank. Meanwhile, JPMorgan Chase’s stock price rose 2.14% to $141.20.
As other major markets were closed for the holidays, the S&P 500 slipped 1 point to 4,167. The Nasdaq 100 declined 14 points to 13,231, and the Dow Jones Industrial Average fell 46 points to 34,051.
EUR/USD closed 45 pips lower to 1.0975, and GBP/USD tumbled 76 pips to 1.2496. AUD/USD gained 15 pips to 0.6630, and the Reserve Bank of Australia is expected to maintain a 3.60% interest rate level in May. USD/CAD slid 6 pips to 1.3542, and USD/JPY climbed 121 pips to 137.48.
Spot gold decreased
8
to
1
,981 an ounce, and WTI oil futures moved down $1.10 to $75.70 a barrel. Bitcoin and Ethereum are trading lower at
27
,961.0 and
1
,830.83 respectively.
As other major markets were closed for the holidays, the S&P 500 slipped 1 point to 4,167. The Nasdaq 100 declined 14 points to 13,231, and the Dow Jones Industrial Average fell 46 points to 34,051.
EUR/USD closed 45 pips lower to 1.0975, and GBP/USD tumbled 76 pips to 1.2496. AUD/USD gained 15 pips to 0.6630, and the Reserve Bank of Australia is expected to maintain a 3.60% interest rate level in May. USD/CAD slid 6 pips to 1.3542, and USD/JPY climbed 121 pips to 137.48.
Spot gold decreased
8
to
1
,981 an ounce, and WTI oil futures moved down $1.10 to $75.70 a barrel. Bitcoin and Ethereum are trading lower at
27
,961.0 and
1
,830.83 respectively.