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A better-than-expected consumer inflation report led investors to buy rate-sensitive stocks such as REITs and industrials.

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.

Prices have fallen for physical goods, gasoline, airfare and some grocery items like apples since June 2023, according to the consumer price index.

JPMorgan set aside $3.1 billion to cover potentially bad loans, up sharply from a year earlier, as delinquencies climb among some Americans.

The latest helicopter crash in Kauai came after a series of deadly accidents last year.

Musk has yet to publicly endorse a candidate in the 2024 race.