JPMorgan's trading desk turned bearish on stocks as the Iran war drags on. It said production cuts could push oil to $120 a barrel. JPMorgan analysts warned clients that a prolonged war with Iran could send the S&P 500 into correction territory. The bank's trading desk said its view has turned tactically bearish, explaining that positioning signals investors aren't positioning fo... [1898 chars]
2026 Copyright © News-Matic.com. All Rights Reserved
