JP Morgan forecasts 10% plunge in S&P 500 over Iran war
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Source: New York Post
Published: 2026-03-10 03:54 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Financial Markets, Business & Economy, War & Conflict
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Snippet:
Wall Street traders are ill-prepared for an expected sharp 10% plunge in the S&P 500 triggered by the escalating war in Iran, JPMorgan Chase & Co.’s trading desk warned Monday, as oil prices soared past $100 a barrel and risks of economic stagnation loomed.
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