02-Nov-2026 19:12:21
General news
JPMORGAN SEES POST-MIDTERM MARKET DIP AS BUYING OPPORTUNITY
JPMorgan warns that renewed US-Iran conflict after the midterm elections could trigger an equity selloff and another oil price spike. However, strategist Mislav Matejka expects any escalation to be short-lived, creating another buying opportunity. The bank remains bullish on banks, industrials, commodities and semiconductors, while viewing gold's recent pullback as an opportunity to add exposure. JPMorgan expects the S&P 500 to reach new highs by year-end, supported by earnings growth and stabilizing technology stocks.