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Thursday, May 23, 2024

Stock market alert: JP Morgan predicts major decline for S&P 500

In a grim outlook for the US stock market, JP Morgan has sounded the alarm, anticipating a substantial decline in the S&P 500 index by the conclusion of 2023. Marko Kolanovic, the bank's lead market strategist, has set the lowest year-end target among prominent Wall Street financial institutions, projecting the index to plummet to 4,200 points.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oqXSWKI

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