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S&P Global Revises JPMorgan Chase Outlook to 'Positive'

JPMorgan, the largest U.S. bank by assets, ended 2023 with its best-ever annual profit, and in January forecast higher-than-expected interest income for 2024, though its fourth-quarter profit fell. The Standard & Poor's 500 Bank Index, which tracks a basket of large bank stocks, climbed about 14.4% over the same period.
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