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J.P. Morgan is betting these stocks will dominate as an uncertain second-half of the year looms

June 30, 2020

Stocks are wobbling on the last trading day of the quarter, as the World Health Organization warns “the worst has yet to come” with COVID-19.

But up around 16% and 18% respectively, the Dow DJIA, +2.32% and S&P 500 SPX, +1.46% are poised for the best three-month stretch since end-1998, though that doesn’t quite make up for ugly first-quarter losses. Beating all comers is the Nasdaq Composite, up 28% as technology stocks have largely emerged in decent shape from a tough six months.

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