JPMorgan is trading at -3.07% now at $302.88, mirroring the sharp market decline (S&P 500 down 2.07% and Dow down 1.82%) driven by escalating U.S.-EU trade tensions over Trump's Greenland-linked tariffs.
- While there is no JPMorgan-specific news today, the banking sector faces pressure from proposed credit card rate caps.
- Recent Q4 earnings concerns, including expense growth and reserves related to the Apple Card partnership, continue to weigh on the stock.
- The current drop aligns with the broader trend of the Big Four banks shedding $50B in market cap from recent policy shocks.