JPMorgan Says Firms Avoid Raising Forecasts Due to War Concerns

Doubts triggered by the Middle East conflict are feeding into US earnings, with some companies refraining from increasing forecasts despite a strong start to the year, according to strategists at...

By Levin Stamm · Bloomberg Markets

Doubts triggered by the Middle East conflict are feeding into US earnings, with some companies refraining from increasing forecasts despite a strong start to the year, according to strategists at JPMorgan Chase & Co.