JPMorgan Shares Up as Dow Sets Record High
JPMorgan Chase & Co. jumped Tuesday, with its stock helping push the Dow Jones Industrial Average to a new intraday high as traders snapped up cyclical shares. JPM traded around $330.01, up $10.61 from Monday, and earlier traded as high as $331.71. Market data showed the stock up 3.7% earlier, with the S&P 500 financials sector rising 1.6%. Investors dumped tech and moved into banks and industrials, Reuters said.
