JPMorgan said the recent four-day, 3.4% drop in U.S. stocks created a technical washout that may already be finished, with the bank buying the dip and seeing no change in fundamentals. Traders are focused on Nvidia’s earnings and the September jobs report, which could set the market up for a push toward all-time highs. Some strategists warn that stretched positioning and high valuations could still trigger further losses.
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