JPMorgan Chase warns US stocks could fall 10% due to Middle East conflict.

According to Mars Finance, citing Jinshi, JPMorgan Chase's trading department stated that a war with Iran could trigger a drop of up to 10% in the S&P 500 from its peak, a scenario that US stock traders are not yet prepared for. Andrew Tyler, JPMorgan Chase's global head of market intelligence, pointed out that oil prices breaking through $100 per barrel has led him to adopt a "tactical bearish" stance on US stocks. If a pullback occurs, the S&P 500 could fall to approximately 6,270 points, about 7% lower than Friday's closing level. Tyler believes that current investor positioning is generally neutral, lacking extreme risk-averse strategies.