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The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecasts of an 80,000 gain, while May and June payrolls were revised down by a combined 103,000. Average h
JPMorgan (NYSE: JPM ) has become one of the biggest players in the active ETF industry, thanks to its premium income ETFs, JEPI and JEPQ, which give investors exposure to the equity market while delivering strong monthly dividend income. The JPMorgan Equity Premium ETF (NYSE: JEPI ) has accumulated over $45 billion in
The S&P 500 Index made a modest recovery in the last two consecutive days, reaching a high of 7,490, a few points below the all-time high of 7,616. This recovery happened after the Federal Reserve delivered a relatively hawkish interest rate decision. Officials left rates unchanged at 3.50% and 3.75%, with three offici