JPMorgan Warns Iran Conflict Could Push S&P 500 Into a 10% Correction
TL;DR
JPMorgan says a prolonged Iran war could push the S&P 500 into a ~10% correction, potentially to around 6,720, with near-term losses implied by options and oil-supply risks rising; they note a definitive off‑ramp to the conflict would reverse the bearish call. Morgan Stanley remains largely constructive over the next 6–12 months, arguing the rolling correction may be ending and highlighting buying opportunities in cyclicals if oil stays high but not prohibitive.
- JPMorgan says the S&P 500 could tumble 10% into a correction if the Iran war rages on Business Insider
- Stock market today: Dow, S&P 500, Nasdaq fall as oil prices surge to over $100 a barrel Yahoo Finance
- Iran war: Stock markets shudder worldwide after oil prices briefly spike to nearly $120 per barrel ABC7 New York
- Investors and Trump Face an Iran Dilemma The New York Times
- Oil prices top $100, FDA leadership change, the wellness boom and more in Morning Squawk CNBC
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