JPMorgan share price slides after hours as Trump credit-card rate cap deadline rattles banks
JPMorgan shares fell 3.1% to $302.74 in after-hours trading Tuesday, following a drop during the regular session. Investors reacted to uncertainty over a proposed 10% cap on credit-card interest rates tied to a Jan. 20 deadline from the Trump administration. The S&P 500 Banks index lost 2.3% as broader markets also declined on renewed tariff threats. Bank executives warned the cap could restrict credit access for millions.