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3.49162011172867E-05 0.000192039106145077 -6.98324022347718E-05 0.00118715083798874 0.000558659217876984 0.000558659217876984 0.000558659217876984 0.000558659217876984
Stock impact report

JPMorgan cuts S&P 500 target as analysts say the domino effects from oil-price shock aren't baked in [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Markets have, by and large, maintained their composure in the face of a 60% rise in the price of Brent in the last month. However, as the risks of escalation become more pronounced with each passing day of punitive bombing raids and retaliatory drone strikes, analysts are being forced to incorporate these risks into their forecasts. JPMorgan's strategy team has just cut its year-end target for the S&P 500 SPX from 7500 to 7200 on the “geopolitical overhang” and oil and gas analysts including Jeff Currie at Carlyle Group are warning investors that assumptions for the oil price are too conservative and creating second and third-order effects that markets are not fully incorporating at present. Most Read from MarketWatch Dow falls nearly 800 points after Powell makes one thing clear: There's no rush to rescue the market Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, U.S. government says The JPMorgan team led by Dubravko Lakos-Bujas contends Show less Read more
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