Financial Stocks Poised for Record as JPMorgan Nears Milestone Closing Price

Jamie Dimon's JPMorgan was on pace to close above a market cap of $900 billion for the first time on record, according to Dow Jones Market Data. It would be just the 13th U.S. company to hit that milestone. JPMorgan Chase, the largest U.S. lender by assets and the second-largest component of the financials sector index after Warren Buffett's Berkshire Hathaway, jumped 3.3%. The S&P 500's financials sector was on track for a record closing high on Monday as investors appeared to find more opportunities than ...