JPMorgan Chase & Co. Stock News

As indicated by the rise in US bank shares after Donald Trump was declared victor in the race for the White House, the outlook for the banking sector is looking brighter, including a new swathe of industry consolidation For a start, a higher terminal interest rate from the Federal Reserve is likely, with 3.75-4.00% possible at the end of 2025, the UBS analysts said, 100 basis points higher than...

The re-election of Donald Trump has boosted investor optimism, as shown by record highs in the stock market, with the banking sector among the standout performers.

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of a strategically positioned two-site, three-building infill logistics and storage portfolio totaling 154,490 square feet located in Tampa and Pinellas Park, FL.

Despite reports of Republicans and Democrats naming him as a possible nominee for U.S. Treasury secretary, there's an “almost nil” chance that JPMorgan Chase CEO Jamie Dimon will leave the bank, a source told Reuters.

Bank stocks soared on Trump's victory last night.

Financial companies and bank stocks — from money center banks to regional banks, credit card companies to stock brokers — soared on Wednesday. The post These Bank Stocks Break Out Amid Huge Financial Rally After Trump Win appeared first on Investor's Business Daily.

Dimon said last month that his chances of taking an official post were "almost nil."

Financial stocks rose Wednesday after former President Donald Trump won the 2024 U.S. presidential race over Vice President Kamala Harris.