Image: BigGo FinanceJPMorgan Warns: US Stocks' 'Earnings Fuel' Is Running Out, S&P 500 Faces Strong Resistance at Record Highs β BigGo Finance
β’ JPMorgan Chase issued a research report warning that the "earnings fuel" driving U.S. stock growth is depleting as the upside for earnings revisions narrows. β’ Despite strong second-quarter results and raised full-year guidance from companies like BNY Mellon, Johnson & Johnson, and ServiceNow, the S&P 500 faces significant resistance at record highs. β’ The report highlights a disconnect where individual giants like Goldman Sachs, Tesla, and Google are beating expectations, yet overall market momentum is stalling.
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