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JPMorgan and Citadel Warn Traders to Brace for September S&P 500 Pullback

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The Story

News Summary

  • Strategists at JPMorgan and Citadel Securities have adopted a cautious near-term stance on the S&P 500.
  • They cite seasonal September headwinds, interest rate hike risks, corporate buyback blackouts, and heavy pension fund rebalancing as key catalysts for potential market vulnerability.
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