JPMorgan Chase Says Two Sectors Will Likely Lead the Market As S&P 500 Shatters All-Time Highs

Banking giant JPMorgan Chase says it is keeping an eye on two stock sectors that it believes will keep pushing the S&P 500 to new record levels.

In a recent episode of the bank’s Making Sense podcast, JPMorgan head of global market intelligence Andrew Tyler says he continues to be bullish on the stock market as both the macro and micro economic picture holds up amid the geopolitical tensions in the Middle East.

Specifically, he believes tech and financials will keep powering the market moving forward.

“So, I think from here, you really need to look towards the technology sector as well as the financial sector. And so, we’ve already seen the financial sector start to report, and this is the large banks, and they’ve all done very, very well. And the outlook there remains positive with corporate management pointing to, again, the health of the consumer, a healthy loan