Wall Street closes out weak February as Fed concerns remain

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S&P 500 is overvalued; risk-reward unattractive at current levels - JPMorgan

February 28, 2023 6:25 AM EST

Just a day after Morgan Stanleys top equity strategist Michael Wilson warned the brokers clients that the bear market is likely to continue in March, JPMorgans equity strategists echoed their colleagues sentiment toward U.S. equities.

The S&P 500 had another solid day yesterday, gaining 0.31% to trade near the 4000... More