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JPMorgan cuts 2026 S&P 500 year-end target to 7,200 from 7,500 amid oil shock
JPMorgan Chase strategists led by Fabio Bassi lowered the bank's 2026 year-end S&P 500 target from 7,500 to 7,200, citing geopolitical risks and tighter oil flows through the Strait of Hormuz. The team said reduced shipping traffic and higher energy prices could weigh on U.S. profits and growth; at the time of writing the index stood at 6,591 while WTI spot traded at $95.36 per barrel.
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1 дн. тому
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Ed Yardeni Lifts Estimated Probability of Major US Stock Market Downturn to 35% as Oil Prices Climb
On March 13, 2026, Ed Yardeni of Yardeni Research said he now assigns a 35% probability to a sharp US stock market decline as the conflict in the Middle East continues and oil prices rise. He noted that investors are still buying dips but warned that past oil shocks have often preceded recessions and bear markets, while WTI crude trades near $92.22 and the S&P 500 sits at 6,775.79.
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