JPMorgan cuts official S&P 500 forecast, noting rising recession risk from oil shock

JPMorgan cuts official S&P 500 forecast, noting rising recession risk from oil shock

Dubravko Lakos-Bujas, the firm's head of global markets strategy, now expects the S&P 500 will end the year at 7,200, instead of 7,500.

JPMorgan cuts US stock outlook and warns markets are being too complacent about an oil shock

Michael M. Santiago/Getty ImagesJPMorgan cut its S&P 500 price target, warning that markets are complacent about the Iran conflict. Stocks have been fairly resilient even as oil prices continue their ascent since the war began. Historically, stocks have become much more sensitive to oil-price increases after a 30% spike. JPMorgan lowered its 2026 year-end S&P 500 target to 7,200 from 7,500, warning that investors have become complacent in their …

4 out of 5 Oil Shocks Lead to a Recession (The Analyst Forecast)

4 out of 5 oil shocks lead to a recession The ASX has fallen 7.6% since hitting a record high on 2 March and is now moving closer to correction territory. JPMorgan became the first major bank to cut its S&P 500 target, warning that investors are still too complacent. Its strategy team pointed out…

JPMorgan sees S&P 500 vulnerable as Brent tops $110

JPMorgan cuts its S&P 500 target and warns investors are dangerously complacent about Iran war risks, oil above $110, and the hit to growth, earnings, and stocks. JPMorgan became the latest — and most prominent — Wall Street institution to…

JPMorgan Slashes S&P 500 Forecast Amid Oil Crisis and Escalating Middle East Tensions

Key Takeaways JPMorgan has revised its 2026 S&P 500 forecast downward to 7,200 from 7,500 Crude oil prices have climbed more than 40%, with unprecedented supply disruptions hitting 8 million barrels daily Market participants are implementing hedging strategies while maintaining elevated leverage positions near historic peaks Sustained oil prices around $110 per barrel could trigger earnings reductions of 2–5% across the S&P 500 The bank recomme…