US Wrap: JP Morgan interrupts US equity whitewash with China note

The rest of the day's issuance focused on the S&P 500, alongside three US stocks in three reverse convertible notes from JP Morgan, including Caterpillar, Goldman Sachs for the second day in a row, and General Electric. Merrill Lynch launched an accelerated growth note linked to the Russell 2000 index, which incorporates small-cap US stocks. It opted to use the external paper of Swedish Export Credit to issue the product.


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