U.S. non-agricultural data will be released tonight, and U.S. stocks may fluctuate significantly due to it "
According to online reports, JPMorgan Chase's trading department simulated and deduced that if the employment data released on Thursday is similar to the weakness in the earlier ADP report, the U.S. stock market is likely to sell sharply. JPMorgan Chase has set market reactions under different scenarios: an increase of 85,000 - 105,000: the S & P 500 index may fall 0.25%-1.5%; below 85,000: the S & P 500 index may fall 2%-3%; the report warns: "In the worst case scenario, the market will face the risk of stagflation (weak economic growth accompanied by high inflation), when fiscal and monetary policies may be helpless." The report specifically pointed out: "As long as the non-agricultural data is above 100,000, the stock market will still be supported." Of course, employment data has exceeded expectations before, and this may happen again. JPMorgan Chase predicts: 125,000 - 145,000 new shares: the S & P 500 index may rise by 0.75%-1.25%; more than 145,000: the S & P 500 index's increase may expand to 1%-1.5%. (Jin Shi)
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