NEW YORK, Feb 2, 2026, 19:08 ET — After-hours update
- JPM shares climbed roughly 0.7% in after-hours trading, following a strong rally during the regular session.
- A Fed survey showing stronger business-loan demand in 2026 gave bank stocks a boost.
- Investors are focused on Washington’s shutdown vote, with JPMorgan’s appearances at investor conferences also drawing attention.
Shares of JPMorgan Chase & Co climbed in after-hours trading Monday, building on gains from the regular session as U.S. stocks broadly pushed higher. (MarketWatch)
The move is significant now as traders weigh the next phase for big banks: will loan growth pick up while credit costs remain stable? A Federal Reserve survey released late Monday supported that view. (Reuters)
The Fed’s quarterly Senior Loan Officer Opinion Survey, which gauges banks’ lending appetite, revealed that demand for business loans picked up in Q4. Banks also anticipate stronger loan demand across categories in 2026. The survey showed most banks do not foresee any additional tightening of lending standards this year. (Reuters)
JPM closed the regular session up 0.74%, last marked at $308.14, a $2.15 gain from its previous close. Intraday, the stock swung between $301.66 and $309.28, based on market data. (MarketWatch)
The S&P 500 rose 0.54%, ending just below its all-time high, buoyed by chipmakers and a surge in small caps. January’s PMI data revealed U.S. factory activity grew for the first time in a year. (Reuters)
“The fundamentals are solid and earnings are robust,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York, highlighting upbeat revenue and profit surprises throughout the market. (Reuters)
Bank stocks mostly edged higher today, led by Wells Fargo and Bank of America, both outpacing JPMorgan’s gains. Morgan Stanley also climbed. (MarketWatch)
The Fed’s survey included a caution: banks anticipate rising delinquencies and charge-offs on business loans to small firms and auto loans, despite stronger demand. (Reuters)
Policy uncertainty is mounting. A partial U.S. government shutdown started Saturday. The House has moved to pass legislation to end it, with a final vote set for Tuesday. The Labor Department also announced the January jobs report won’t be released Friday due to the shutdown. (Reuters)
JPMorgan’s immediate schedule includes a couple of key dates: Troy Rohrbaugh, co-CEO of the commercial and investment bank, will speak at the UBS Financial Services Conference on Feb. 10. Then, the firm will hold a company update on Feb. 23. (JPMorgan Chase)
Traders now turn to Tuesday’s shutdown vote in Washington, watching closely for its ripple effects on upcoming U.S. data. These macro shifts can swiftly jolt bank stocks as rate and growth forecasts adjust. (Reuters)
