Colossal JP Morgan "LOSS" rattles U.S. futures

In this May 3, 2012, photo, trader Matthias Roberts, center, works on the floor of the New York Stock Exchange. Wall Street headed for a lower opening Friday May 11, 2012. Dow Jones industrial futures fell 0.4 percent to 12,780 and S&P 500 futures lost 0.4 percent to 1,351.70. (AP Photo/Richard Drew)

-

NEW YORK— U.S. stock futures fell Friday, led by the financial sector in the wake of huge losses at J.P. Morgan on trading bets gone wrong.

Dow Jones industrial average futures fell 91 points to 12,743. Standard & Poor’s 500 futures fell 10.9 points to 1,347.00. Nasdaq composite index futures slid 15.25 points to 2,603.5.

All major U.S. indexes headed for weekly losses. However, as opposed to most of the week, the losses Friday were not being driven out of news from Europe.

A major blunder in the office that manages risk for JPMorgan brought the focus back to the U.S. and it was troubling news from Wall Street that rattled indexes worldwide.

Germany’s DAX fell 0.6 percent to 6,476.43. The CAC-40 in France dropped 1.3 percent to 3,089.2 and Japan’s Nikkei 225 index fell 56.34 points to 8,953.31. MORE http://www.suntimes.com/business/12464830-420/colossal-misstep-at-j...

Views: 83

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Burbia posted a blog post

The Illusion of Fuck You Money

The United States use to have this idea that once you make enough money, you.can do as you want.…See More
5 hours ago
tjdavis posted videos
16 hours ago
tjdavis posted a blog post
19 hours ago
Less Prone favorited cheeki kea's photo
yesterday
cheeki kea posted a photo
Tuesday
Less Prone favorited tjdavis's video
Monday
Less Prone posted a video

“I Helped Build It!” A WEF-Davos Insider EXPOSES The Great Reset

Former investment banker and ESG “whistleblower” Desiree Fixler joins The Winston Marshall Show to expose what she says is one of the biggest financial scams...
Monday
Doc Vega posted a blog post

One Step Too Far Weighs in on Current Events

We now bring you this week's program on One Step Too Far. Bear with us as more BS floats to the…See More
Sunday
Burbia's blog post was featured

A Masterclass Is Being Played Out For Those Who Have The Eyes To See

A question can be asked, why do Jews want a multicultural community in a host society? It is to…See More
Sunday
Doc Vega's 4 blog posts were featured
Sunday
tjdavis's blog post was featured
Sunday
cheeki kea commented on Burbia's video
Thumbnail

the WITCH language of MYSTERY BABYLON (DOCUMENTARY)

"Great video to watch, and it turns out english is a bizarre and formidable language in its…"
Sunday
cheeki kea favorited Burbia's video
Sunday
Less Prone left a comment for Roberto Castorena
"Welcome to a revolutionary concept in public communication, the truth."
Jan 15
Less Prone posted a blog post

Reiner Füllmich imprisoned for investigating the Covid scandal

Rainer Füllmich, a lawyer investigating the Covid scandal was illegally captured in Mexico in…See More
Jan 15
Burbia posted a video
Jan 15
Doc Vega posted blog posts
Jan 14
Less Prone favorited Doc Vega's photo
Jan 13
tjdavis posted a video

They Destroyed Our Country and Nobody Stopped Them | No Commentary

Music Used in this Video:Song/Music - TimeArtist - Hans ZimmerLicense Type: Creative CommonSong/Music - Evidently ChickentownArtist - John Cooper ClarkeLicen...
Jan 13
Doc Vega posted blog posts
Jan 12

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted