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Rate Cut Buzz Lifts JPM Stock to New Highs: Is There More Upside Left?

Equities

Zacks Investment Research

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June 27, 2025

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Barchart

JPMorgan’s JPM shares touched an all-time high of $289.41 on Thursday as incoming economic data, including jobless claims and the third estimate for gross domestic product (GDP) for the first quarter, indicate interest rate cuts are likely to be sooner than previously expected. While the Federal Reserve is continuing with...

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