According to BlockBeats news, on December 9, JPMorgan Chase & Co. strategists said that as investors take profit-taking operations, the recent rally in US stocks may stagnate after the Federal Reserve's potential interest rate cuts.

JPMorgan team led by Mislav Matejka wrote in a report: "Investors may be more inclined to lock in earnings by the end of the year rather than increase directional exposure. Expectations of interest rate cuts have been fully reflected in prices, and US stocks have returned to highs."

JPMorgan strategists maintain a bullish view on the medium-term outlook, saying that a dovish Fed will support US stocks. At the same time, low oil prices, slowing wage growth, and easing US tariff pressures will allow the Fed to ease monetary policy without pushing up inflation, Mateika wrote. Other factors that may boost U.S. stocks in 2026 include reduced trade uncertainty, an improved economic outlook in Asia, increased fiscal spending in the euro area, and the rapid rollout of artificial intelligence in the United States. (Jin Shi).