JPMorgan slides after August jobs report lifts rate-hike odds
JPMorgan Chase slid about 1.6% to $356.21 Friday after the August jobs report showed employers added 162,000 positions, nearly triple the 56,000 economists forecast.
JPMorgan Chase NYSE:JPM, the largest U.S. bank by assets, slid approximately 1.6% to $356.21 Friday after the August jobs report shattered expectations.
Employers added 162,000 positions, nearly triple the 56,000 economists predicted, pushing the market-implied probability of a September rate hike…