JPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report

The largest bank in the US is slashing its year-end target for the S&P 500, warning that tensions in the Middle East are limiting the index’s upside potential. JPMorgan Chase’s team of strategists, led by Fabio Bassi, says the bank is cutting its 2026 year-end target for the S&P 500 from 7,500 to 7,200, noting […] The post JPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report appeared first on The Daily Hodl.