Thegrio Politics
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Another Great Day on Wall Street, JP Morgan Investing in Black-Owned Banks
Posted
July 22, 2021
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5:41Now PlayingToday on “In the Black,” it’s another great day on Wall Street, as most company earnings with all three major embassies closed in a gigantic way.
The Dow jumped 286.01 points to finish at 34,798.00, while the S&P went up 35.63 points to end at 4,358.69 and NASDAQ went up a staggering 9,876.00 points to finish at 14,631.95.
Also, JP Morgan has increased the amount of money they are investing in minority depository institutions from $50 million to $75 million. Alex McKindra, managing director of JP Morgan, and Alden McDonald, president of Liberty Bank, joined BNC to talk about the investment.
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#WallStreet #JPMorgan #BlackOwnedBanks
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