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JPMorgan Chase & Co.'s trading desk has expressed a bullish outlook on the U.S. stock market, specifically the S&P 500 index. According to JPMorgan, the market is unlikely to experience another correction in the near term and is poised to retest its all-time highs soon. The current all-time high for the S&P 500 stands at 6,144 points, which is approximately 3.1% above the closing level from the previous Friday. JPMorgan remains tactically bullish, anticipating that the S&P 500 will breach this record high shortly.
S&P on its way to new highs with correction unlikely - J.P. Morgan "Next stop? 6,144 is the all-time high and sits 3.1% away from Friday’s close. We remain tactically bullish, looking for the SPX to breach its all-time high." @seekingalpha https://t.co/r6VzLAtoKx
JPM Desk - "Next stop? 6,144 is the all-time high and sits 3.1% away from Friday’s close. We remain tactically bullish, looking for the SPX to breach its all-time high"
JPM Desk - "Next stop? 6,144 is the all-time high and sits 3.1% away from Friday’s close. We remain tactically bullish, looking for the SPX to breach its all-time high."
