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المشهد العربي
J.P. Morgan Maintains Neutral on US Stocks
J.P. Morgan concluded that a neutral outlook on U.S. stocks is the most appropriate at the moment, after Federal Reserve Chair Jerome Powell's speech prompted traders to raise their expectations regarding tighter monetary policy and higher interest rates this year. The trading team noted that the market shows structural stability, but short-term factors are experiencing fluctuations due to increased uncertainty around borrowing costs and weakening momentum in the AI sector. In the near term, the market is expected to enter a period of hesitation.
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