NEW YORK ― JPMorgan Chase shares slid after the bank told investors its investment banking fees would decline this quarter and CEO Jamie Dimon said his succession plans were unchanged.

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At the close, the S&P 500 index rose 0.09% to 5,963.6 points; the Nasdaq Composite Index gained 0.02% to 19,215.46 points; and the Dow Jones Industrial Average advanced 0.32% to 42,792.07 points.

He also flagged that US asset prices remain high and credit spreads may be underestimating the risks of an economic downturn.