JPM Rises 1.56% as Bank Stocks Outperform Amid Broad Market Tech Sell-Off

JPMorgan Chase (JPM) shares posted a strong performance, trading up +1.56% at $305.48, significantly outperforming major indices amid a market rotation favoring value and cyclical bank stocks.

• The gain reflects market rotation, as value and cyclical bank stocks resisted the heavy sell-off in technology, triggered by concerns over high AI infrastructure spending.
• Morningstar analysts noted that JPM's Corporate and Investment Bank segment could be bolstered by a potential rebound in sponsor-driven M&A activity.