Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

JPMorgan Chase: Now is the time to buy US stocks; the technical correction may have ended.

2025-11-19 16:50

Odaily Planet Daily reports that JPMorgan Chase's trading division stated that the longest losing streak for U.S. stocks since August has created opportunities for bargain hunters. The S&P 500 fell for four consecutive days, accumulating a 3.4% drop by Tuesday's close, as investors worried about the sustainability of the artificial intelligence concept stock rally and the Federal Reserve's monetary policy path. Andrew Tyler, JPMorgan Chase's global head of market intelligence, said this pullback represents a "technical shakeout" in the stock market, and the adjustment period may have ended. "Given that there have been no changes in the fundamentals, and our investment assumptions do not rely on the Fed easing policy, now is the time to buy on the dips," Tyler wrote in a report to clients on Wednesday. (Jinshi)