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J.P. Morgan's trading department is transitioning to a tactical bullish position on US stocks as they expect positive factors such as the strong performance of large tech companies and official announcements of trade agreements to continue boosting the stock market after the recent sharp decline. However, the report issued to clients on Monday emphasizes that the upward trend may fade in the next few weeks, and the negative impact of US tariffs will begin to weigh on the economy in the coming months.
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