Overnight news: US stocks rose, gold reached a new high, Boeing 0.033 million blue-collar workers went on strike, credit ratings face the risk of being downgraded to 'junk grade'.

For more global financial news, please go to the 24-hour real-time financial news market closing: Nasdaq and S&P both rose for the fifth consecutive week, achieving the best performance of the year. Top 20 US stock turnover on September 13: Boeing workers reject a 25% pay increase agreement for 4 years and launch a major strike. China concept stocks had mixed performance on Friday, with NIO Inc up 5.11% and PDD Holdings down 2.4%. WTI crude oil in the US fell 0.46% on Friday. International gold prices continue to reach new highs, with spot gold and COMEX gold futures both rising more than 3% this week. European stocks closed higher, with the EURO STOXX 50 index up 0.61%. US macro data shows that consumers have a positive outlook on income prospects and retirement.

環球市場播報18:30 ET

JPMorgan (NYSE:JPM) Sticks to 50-Basis Point Rate Cut Forecast

TipRanks18:19 ET

JPMorgan Options Spot-On: On September 13th, 129.45K Contracts Were Traded, With 1.06 Million Open Interest

Moomoo News16:30 ET

Press Release: JPMorganChase Declares Preferred Stock Dividends

Dow Jones16:24 ET

JPMorgan reiterates its expectation for a 50 basis point rate cut by the Federal Reserve in September.

Amid declining inflation and soft job data, jpmorgan economists reiterated their expectation of a 50 basis point rate cut at the Fed's policy meeting next week. "We believe it is clear what the Fed should do next week, which is to cut interest rates by 50 basis points to adapt to the changing risk balance," wrote Michael Feroli, the bank's chief U.S. economist, in a report on Friday. "As for what the Federal Open Market Committee (FOMC) will do, we are not quite sure, but we stick to our expectation that the 'right' thing to do is to cut interest rates by 50 basis points." Feroli expects the Fed to

環球市場播報15:06 ET

Most and Least Shorted S&P 500 Financial Stocks in August

Seeking Alpha14:32 ET