AP/Mark Lennihan Stocks still have plenty of room to rise from current levels, according to a note published by JPMorgan on Friday. The bank largely pointed to investors' underweight equity positioning as a main driver for stocks to move higher over the medium to longer term, despite near-term risks of elevated momentum. Investors' allocation to stocks is 40%, which is below historical averages and is well below the early 2018 high of 49%.

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BING NEWS:
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    04/12/2024 - 11:10 am | View Link
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    04/12/2024 - 11:10 am | View Link
  • Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings
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    04/11/2024 - 10:18 pm | View Link
  • JPMorgan shares slip as outlook overshadows profit rise
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    04/11/2024 - 1:00 pm | View Link
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    04/11/2024 - 8:45 am | View Link
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