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Goldman Sachs, JPMorgan getting squeezed

Yahoo Finance

Stocks (^DJI^GSPC^IXIC^RUT) are up slightly midday, with financials (XLF) and tech (XLK) leading the way. Keith Bliss of Cuttone & Co. joins us live from the floor of the New York Stock Exchange to discuss the markets.

Joining Yahoo Finance's Alexis Christoforous to discuss some of the other big stories of the day are Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance's markets correspondant Nicole Sinclair.

NY Attorney General and Goldman Sachs reach $5 billion settlement

While the markets have largely recovered from the selloff earlier this year, it seems one sector was left behind: financials. Banks have been squeezed by low interest rates and souring energy loans. On top of that, the New York Attorney General just announced a $5 billion settlement with Goldman Sachs (GS) over deceptive mortgage practices, with $670 million to be allocated to New York state.

Investors concerned about an economic slowdown

And, as earnings season heats up with expectations at near record lows, investors are rightly concerned about an economic slow down. Deutsche Bank's Torsten Slok says most of these fears are overblown. Some of the top concerns he rebukes in his latest missive are risks relating to the Federal Reserve and the rate raising cycle, concerns about another oil slide and a strong dollar, and something that might be counterintuitive, profits are at all-time highs.

Uber for women is here

Finally, there are plenty of ride-sharing apps out there, but if you're a woman there's now one that may appeal to you. With safety becoming more of a concern, Chariot for Women - founded by an ex-Uber driver - features women-only drivers that exclusively pick up women passengers.