JPMorgan stock slides after hours as risk-off hits banks; jobs data, Fed shift in focus
JPMorgan Chase shares fell 2.3% to $310.16 in after-hours trading Thursday, mirroring declines across major banks and the broader market. Wall Street dropped sharply as investors reacted to rising jobless claims, lower job openings, and uncertainty over AI spending. Wells Fargo, Citigroup, and Bank of America also closed lower. JPMorgan completed a $3 billion subordinated note offering due 2037.