JPMorgan Hits Record As Banks Extend Gains; CEO Dimon At Treasury?

Big banks like JPMorgan Chase (JPM) , Bank of America (BAC) and Citigroup (C) continued their postelection stock-market surge on Thursday, amid rising odds for less regulation, higher inflation and Fed rate hikes next year.

CNBC also reported that JPMorgan CEO Jamie Dimon is being considered for Treasury secretary.

Shares of JPMorgan rallied 3.7% in the stock market today, setting a record high. Bank of America surged 4.3%, blowing past buy range after breaking out Wednesday. Citigroup rose...

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