Shares of JPMorgan Chase & Co.
inched 0.70% higher to $156.27 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. The stock’s rise snapped a seven-day losing streak. JPMorgan Chase & Co. closed $11.17 below its 52-week high ($167.44), which the company reached on June 2nd.
The stock outperformed some of its competitors Wednesday, as Bank of America Corp.
rose 0.56% to $41.62, Citigroup Inc.
fell 3.20% to $71.46, and Wells Fargo & Co.
rose 0.24% to $45.57. Trading volume (24.8 M) eclipsed its 50-day average volume of 12.7 M.