JPMorgan stock price slips into weekend: Fed pick, shutdown and key data on deck
JPMorgan shares closed down 0.17% at $305.89 Friday as traders reacted to Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair and hotter-than-expected producer price data. The U.S. government entered a short shutdown after Congress missed a funding deadline; the House will vote Monday. Major indexes fell, with the S&P 500 down 0.43%. Key jobs and inflation reports are scheduled for early February.