JPMorgan’s Matejka Sees More Stock Gains After Narrow Rally

The rebound in global stocks from their Iran war lows has been so narrow that the market is primed for broader gains triggered by even slightly positive news, according to strategists at JPMorgan Chase & Co.

Volatility is likely in the near term, but investors with a time horizon longer than the next days or weeks should keep using dips in equities to add exposure, the team led by Mislav Matejka said.