JP Morgan warns of a 'significant' sell-off in US stocks this quarter

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JP Morgan warns of a 'significant' sell-off in US stocks this quarter
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The S&P 500 Index and Nasdaq Composite have jumped by more than 20% this year, and the Dow Jones Industrial Average isn't far behind at around 17%.

she "won't put a number" to the sell-off that she's predicting, but said there will be "significant downside risk" for stock prices.

"In terms of timing, I think these two weeks will still be good for equity markets as we move into the Fed rate cut," she said, adding that she expects the U.S.After that expected Fed move, investors are set to turn their attention to other factors that influence stock prices, such as corporate earnings, said Yeo.

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