JPMorgan Chase: Bullish on short-term uptrend of US stocks, Broadcom (AVGO.US) earnings report and non-farm payrolls will be strong catalysts.
The Zhixun Finance APP learned that analysts at JPMorgan pointed out that there are two key data points supporting the stock market rally at the moment, namely the upcoming earnings report of Broadcom (AVGO.US) and the US non-farm employment data. Although analysts maintain a short-term bullish view on US stocks, they also emphasize that with the escalation of trade war rhetoric and continued legal disputes over tariffs, bullish confidence has weakened.
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