JP Morgan: Short-term outlook for US stocks is optimistic; Broadcom's earnings report + non-farm payrolls will serve as strong catalysts
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JP Morgan analysts are optimistic about the short-term rise of U.S. stocks, believing that Broadcom's earnings report and U.S. non-farm payroll data will serve as strong catalysts. Although they maintain a bullish stance on U.S. stocks, confidence has weakened due to escalating trade war rhetoric. If Broadcom's earnings report meets expectations and non-farm payrolls exceed 100,000, the market is expected to continue its upward trend. Analysts point out that the current risk is tilted to the upside, believing that the macro environment is still in a "good news is good" state
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