JPMorgan stock closes higher — but Trump’s credit-card rate cap plan looms over Tuesday
JPMorgan shares rose 1% to $312.47 Friday, outperforming a modestly lower S&P 500 and Dow. White House officials are weighing executive action to cap credit-card rates, drawing market focus to Washington. U.S. markets close Monday for Martin Luther King Jr. Day, reopening Tuesday. Senior JPMorgan executives sold shares Friday under pre-arranged trading plans.