10 things you need to know before the opening bell
. Growth rebounded 1.8% in May, but economists polled by Reuters were betting on a 5.5% rebound.."We are prepared for all eventualities as our fortress balance sheet allows us to remain a port in the storm," CEO Jamie Dimon said. Shares climbed 2.3% in pre-market trading.."The sense that the worst did not come to pass has fed complacency among investors of all stripes," he said. .
A Wall Street investment chief dispels the notion that surging stocks are disconnected from the economy — and lays out 3 reasons why the market will continue to climb over the next year Here's why one investment strategist says stocks are not disconnected from economic reality — and three reasons he says stocks will be up in a year.. In Europe, Germany's DAX fell 1.4%, Britain's FTSE 100 fell 0.3%, and the Euro Stoxx 50 fell 1.4%. In Asia, China's Shanghai Composite fell 0.
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