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JPMorgan: Retail investors will continue to drive up the stock market

On November 6, JPMorgan stated that strong seasonal trends are expected to continue supporting the stock market with retail money inflows until the end of the year. Driven by tech stocks related to artificial intelligence, the S&P 500 index has risen for six consecutive months and set 36 new all-time highs. JPMorgan expects that the momentum driven by retail investors will continue until early 2026, with recent inflows into stock ETFs amounting to approximately $160 billion. Currently, the rise of the stock market has temporarily stalled due to profit-taking and uncertainty regarding U.S. policies and Fed interest rate trends. However, Goldman Sachs analyst Richard Privorotsky stated that any pullback should be short-lived and referred to stocks as a “Buy the Dips” opportunity.

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