New York, February 16, 2026, 17:32 EST — Market closed.
JPMorgan Chase & Co (JPM.N) shares last ended down 0.03% at $302.55 on Friday, after trading between $296.52 and $304.29. About 9.1 million shares changed hands. (Investing)
With Wall Street shut for the U.S. holiday on Monday, the next move is more about rates than headlines. Banks tend to track shifts in rate-cut bets because they shape net interest income — the gap between what a lender earns on loans and pays on deposits.
Global trade was thin on Monday, with U.S. stock and bond markets closed and several Asian markets also shut for the Lunar New Year holiday. Rate futures implied about a 68% chance the Federal Reserve cuts in June and roughly 0.62 percentage points of easing priced in for 2026, while Janus Henderson portfolio manager Oliver Blackbourn said fiscal stimulus “would ultimately benefit the banking industry.” (Reuters)
In Friday’s trade, JPMorgan slipped 0.03% while Bank of America added 0.06% and Wells Fargo gained 0.80%. (MarketWatch)
Broader U.S. stocks finished Friday nearly flat, with the S&P 500 up 0.05% and the Dow up 0.10% after a softer-than-expected January inflation reading, while the Nasdaq fell 0.22% as heavyweight tech lagged. (Reuters)
The Fed’s calendar shows minutes from the January 27-28 meeting are due on Wednesday, February 18 at 2:00 p.m. ET. It also flags Washington’s Birthday on Monday, with some daily and weekly statistical releases pushed to Tuesday. (Federal Reserve)
JPMorgan’s next company-specific marker is its “Company Update” in New York on February 23 at 4:30 p.m. ET, with a presentation and executive Q&A expected to run to about 6:30 p.m., the bank said. Investors will listen for any reset on costs, capital return and the tone around consumer and corporate demand. (JPMorgan Chase)
The bank last week named Guy Halamish chief operating officer of its commercial and investment bank to lead its data and AI strategy, an internal memo showed. The push comes as banks try to automate work such as client onboarding and credit assessment without letting technology spending sprawl. (Reuters)
One risk sits on the legal side. A U.S. judge on February 13 said JPMorgan must face parts of a proposed class action over “cash sweep” accounts — the brokerage feature that parks uninvested money — after customers said the bank paid 0.01% to 0.03% interest even as policy rates and short-term Treasury yields rose above 5%; JPMorgan declined to comment. (Reuters)
Outside the bank, traders also watch the consumer. Walmart is set to report results on Thursday, February 19, with earnings materials due around 6 a.m. Central time and a conference call at 7 a.m., the retailer said — a datapoint many investors use as a read on spending and the credit backdrop. (Walmart News & Leadership)
When U.S. trading resumes on Tuesday, the near-term swing factor is whether Treasury yields extend last week’s move or snap back, a shift that can reprice bank stocks fast. The next hard catalysts are the Fed minutes on Wednesday and JPMorgan’s February 23 update.
