JPMorgan Tells Investors to Buy Dips at S&P 500 Highs
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- JPMorgan strategists are telling investors to keep buying market dips even as the S&P 500 sits at a record high, per the article's headline and image caption.
- The Iran war has been ongoing for two months, and the strategists frame the headline risk it generates as a reason to buy weakness rather than sell.
- JPMorgan argues the 2026 correction is "very different" from the 2022 selloff, per the article's subheadline.
- Political, economic and military considerations that discourage a prolonged Persian Gulf confrontation "are still applicable," the strategists tell investors.
- "More supportive drivers" for the market are "coming into view," the strategists add, though the article does not name them.
Why it matters: JPMorgan is explicitly endorsing dip-buying with the S&P 500 at a record high and the Iran war in its third month, a notable counterweight to the instinct to de-risk at peaks. Their framing of the 2026 pullback as fundamentally different from 2022 — a year of sustained declines — amounts to a call that this is a buying opportunity, not the start of a bear market.
