JPMorgan Chase & Co. (JPM) is currently at $114.68, down $6.69 or 5.51%

 

-- Would be lowest close since Oct. 10, 2019, when it closed at $114.21

-- On pace for largest percent decrease since June 24, 2016, when it fell 6.95%

-- Shares of global banks fell into correction territory this week, reflecting fears that financial institutions could take a hit if the coronavirus continues to spread. Shutdowns in some supply chains could crimp manufacturing production. That could hurt global banks such as JPMorgan Chase & Co., which moves money around the world for multinational corporations

-- Currently down five of the past six days

-- Currently down two consecutive days; down 9.44% over this period

-- Worst two day stretch since the two days ending June 27, 2016, when it fell 10.05%

-- Down 13.36% month-to-date; on pace for worst month since May 2012, when it fell 22.87%

-- Down 17.73% year-to-date

-- Down 18.72% from its all-time closing high of $141.09 on Jan. 2, 2020

-- Traded as low as $113.00; lowest intraday level since Oct. 10, 2019, when it hit $113.00

-- Down 6.9% at today's intraday low; largest intraday percent decrease since Feb. 5, 2018, when it fell as much as 9.01%

-- Worst performer in the DJIA today

-- Subtracted 45.36 points from the DJIA so far today

 

All data as of 3:15:41 PM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 28, 2020 15:37 ET (20:37 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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