JPMorgan Chase shares rose 0.85% in pre-market trading following a stronger-than-expected January jobs report that signaled robust economic resilience.

  • The U.S. Bureau of Labor Statistics reported 130,000 new jobs, significantly exceeding the consensus forecast of 70,000.
  • While the data may delay potential Federal Reserve interest rate cuts, the strong economic activity is expected to bolster loan demand for major lenders.
  • Shares were trading at $321.00 (+0.85%) in pre-market sessions, recovering from the previous day's decline.