JPMorgan Trading Desk Sees Tech Rebounding After Midterms
US stocks climbed Wednesday after reversing earlier losses as investors assessed the outcome of the midterm elections, with JPMorgan Chase & Co.’s trading desk expecting technology stocks to rebound and...
By Natalia Kniazhevich · Bloomberg
US stocks climbed Wednesday after reversing earlier losses as investors assessed the outcome of the midterm elections, with JPMorgan Chase & Co.’s trading desk expecting technology stocks to rebound and a market rally to broaden beyond a narrow group of megacap winners.