JPMorgan trading desk says it is moving back to 'tactically bullish', stating that the ceasefire should drive re-risking and make a move above 7,000 in SPX likely

JPMorgan's trading desk is shifting to a 'tactically bullish' stance, driven by a ceasefire that could encourage investors to re-risk, particularly eyeing a move above 7,000 in the S&P 500.

Newsquawk StaffPublished 8 Apr 2026, 10:34 UTCOn the live feed at 10:14 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

10:30

Delta Air Lines (DAL) Q1 2026 (USD): EPS 0.64 (exp. 0.60), Revenue 15.9bln (exp. 14bln)

10:27

German Finance Ministry representative states there is no reason to confirm fuel price stability and urges further consideration of relief actions

10:14

JPMorgan trading desk says it is moving back to 'tactically bullish', stating that the ceasefire should drive re-risking and make a move above 7,000 in SPX likely

10:10

Kuwait's oil and power sites targeted by Iranian drones despite US-Iran ceasefire, Al Jazeera reports

10:04

IRGC is expected to update on the "100th wave of operated sadegh 4" in the next few minutes, Mehr reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

SPX also likely to be supported by earnings and lower tech valuations
JPM strategists say that Strait of Hormuz reopening, a possible two-week extension and normalising oil flows may ease inflation pressures, though residual geopolitical risk and subsequent consumer impact remains
Adds that it will take time to play out in the data, so tells clients to watch data on jobs and consumer spending, as well as incremental fundamental improvements

Context

While easing tensions in the Strait of Hormuz may alleviate inflation concerns, the strategists caution that lingering geopolitical risks and their effects on consumer behavior warrant close monitoring of upcoming economic data.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

EQUITIES/7 Sept · 09:15 UTC

Volkswagen (VOW3 GY) says that the Co., Lower Saxony and Aurelius Capital have agreed on key terms for the sale of Osnabrueck Plant; aims to secure the site and majority of jobs in the long term.

Market, after we published+1.6%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.