{"id":39283,"date":"2026-03-27T11:45:37","date_gmt":"2026-03-27T11:45:37","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=39283"},"modified":"2026-03-27T11:45:37","modified_gmt":"2026-03-27T11:45:37","slug":"jpmorgan-chase-abruptly-slashes-2026-sp-500-target-amid-oil-supply-shock-and-geopolitical-concerns-report","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=39283","title":{"rendered":"JPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report"},"content":{"rendered":"

\"\"<\/p>\n

The largest bank in the US is slashing its year-end target for the S&P 500, warning that tensions in the Middle East are limiting the index\u2019s upside potential.<\/p>\n

JPMorgan Chase\u2019s team of strategists, led by Fabio Bassi, says the bank is cutting its 2026 year-end target for the S&P 500 from 7,500 to 7,200, noting that the limited oil supply passing through the Strait of Hormuz could negatively impact US corporate profits and economic growth, Bloomberg reports<\/a>.<\/p>\n

Data shows<\/a> that about five to six vessels a day are passing through the strait since the conflict erupted, down over 95% from the pre-hostilities count of 138 ships.<\/p>\n

Says Bassi,<\/p>\n

\u201cGeopolitical concerns and higher energy prices for longer will drag global growth lower and inflation higher. We recommend investors to stay invested with downside hedges in equities, and we hold to these hedges given the modest correction year-to-date.\u201d<\/em><\/p>\n

According to Bassi, the oil price shock adds pressure to corporate earnings growth in a market that\u2019s already facing AI disruption fears and private credit stress.<\/p>\n

\u201cOn earnings, ~$110 oil through year-end implies a 2\u20135% trim to S&P 500 consensus EPS, with more pronounced pressure if crude grinds higher. The near-term equity risk is more about multiple compression as investors reassess growth and liquidity than a deep earnings recession.\u201d<\/em><\/p>\n

At time of writing, the S&P 500 is valued at 6,591, indicating an over 9% upside from the bank\u2019s year-end target. Meanwhile, US Crude Spot (WTI) is trading at $95.36 per barrel.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<\/p>

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The post JPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The largest bank in the US is slashing its year-end target for the S&P 500, warning that tensions in the Middle East are limiting the index\u2019s upside potential. JPMorgan Chase\u2019s team of strategists, led by Fabio Bassi, says the bank is cutting its 2026 year-end target for the S&P 500 from 7,500 to 7,200, noting […]<\/p>\n","protected":false},"author":1,"featured_media":39284,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-39283","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nJPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=39283\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan Chase Abruptly Slashes 2026 S&P 500 Target Amid Oil Supply Shock and Geopolitical Concerns: Report - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"The largest bank in the US is slashing its year-end target for the S&P 500, warning that tensions in the Middle East are limiting the index\u2019s upside potential. 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