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Benzinga18:58 ET

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Luzi Ann Santos13:33 ET

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EU Keeps All Options on Table as U.S. Tariffs Expand, Trade Chief Says

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Benzinga04:09 ET

JPMorgan traders "draw the line": U.S. stocks first break 6000, then hit a new low!

JPMorgan expects that, driven by factors such as the activation of CTA strategy and accelerated Share Buybacks, the S&P 500 Index will first challenge the 6000-point mark. However, afterwards, if investors hold a pessimistic view on the mid-term outlook under high tariffs, the market may retest low levels. JPMorgan agrees with the current widespread view of an economic recession and anticipates a significant decline in hard data such as non-farm employment and retail sales in the next 1-2 months.

wallstreetcn03:11 ET