|Bid||158.36 x 1400|
|Ask||158.38 x 900|
|Day's Range||158.15 - 159.00|
|52 Week Range||123.11 - 159.38|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||9.46|
|Earnings Date||Jan 12, 2024|
|Forward Dividend & Yield||4.20 (2.65%)|
|Ex-Dividend Date||Oct 05, 2023|
|1y Target Est||171.70|
JPMorgan (JPM) is warning investors of a 'catch-22 situation' for U.S. stocks next year. JPMorgan Chief Market Strategist Marko Kolanovic said, "This is a catch-22 situation... This would imply that we would need to first see some market declines and volatility during 2024 before easing of monetary conditions and a more sustainable rally." Yahoo Finance's Seana Smith and Brad Smith break down Kolanovic's statement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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NEW YORK (Reuters) -JPMorgan Chase is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint. "Branches have been a winning strategy for us that is helping us capture more market share,” Jennifer Roberts, CEO of Chase Consumer Banking, told Reuters in an interview. By the end of this year, JPMorgan is likely to open 167 locations, exceeding an earlier projection of 150, Roberts said.