Futures
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One platform for global traditional assets
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JPMorgan Chase Lowers S&P 500 Index Target to 7,200 Points
The bank's strategists, led by Fabio Bassi, have reduced their year-end forecasts from 7,500 to 7,200 points.
They warned that any potential disruption in oil flow through the Strait of Hormuz could pressure corporate profits, slow global growth, and keep inflation elevated for longer.
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