What's Going On With JPMorgan Chase (JPM) Stock?

JPMorgan Chase & Co JPM shares fell 3.7% to $233.04 Monday morning as concerns over a potential recession and escalating U.S.-China trade tensions weighed on financial stocks. The broader market decline, with all four major stock indices in the red, added to the downward pressure on JPMorgan, the largest U.S. bank by assets.

What To Know: The decline comes as former President Donald Trump acknowledged the possibility of a recession in 2024, fueling investor anxiety. Meanwhile, the Federal Reserve is expected to keep interest rates unchanged in its upcoming March meeting, with a 97% probability of no change, according to the CME Group's FedWatch tool.

Read Also: Cisco, Nvidia, Arista Tackle Tariff Turmoil: Who’s Best Positioned?

JPMorgan, a key player in commercial banking, investment banking and wealth management, is highly sensitive to macroeconomic conditions, and any signs of economic slowdown could impact loan growth and corporate deal-making.

What Else: The rise in Treasury yields, with the 10-year yield at 4.24% and the two-year at 3.94%, presents another challenge. While higher yields can boost net interest income, they also raise borrowing costs and may slow down credit demand.

Additionally, China's recent retaliatory tariffs on U.S. agricultural imports add further uncertainty, potentially dampening global trade flows and affecting JPMorgan's international banking operations. Investors remain cautious ahead of key inflation data expected on Wednesday, which could further impact market sentiment.

Read Also: Rocket Wants $1.75 Billion Redfin Deal To Change How America Buys Homes

How To Buy JPM Stock

By now you're likely curious about how to participate in the market for JPMorgan Chase – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of JPMorgan Chase, which is trading at $234.93 as of publishing time, $100 would buy you 0.43 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, JPM has a 52-week high of $280.25 and a 52-week low of $179.20.