JPMorgan stock price rises as investors brace for jobs, CPI and the next Fed rate signal
JPMorgan shares rose 1.1% to $325.92 by late morning Monday, tracking gains in major U.S. banks as traders awaited Wednesday’s delayed payrolls report and Friday’s CPI data. The S&P 500 ETF added 0.4%. Treasury yields held near 4.22%. JPMorgan is set to host a company update Feb. 23 and is preparing to take over Apple Card from Goldman Sachs.