Stocks Edge Higher as Oil Prices Ease; JPMorgan 's Meera Pandit
Mira Pandit of JPMorgan Asset Management discussed the current earnings outlook amid easing oil prices and ongoing geopolitical tensions. Despite oil pulling back from wartime highs, JPMorgan analysts project that oil prices between $110 and $120 per barrel over six months could reduce earnings per share by 4 to 6%, yet still support double-digit earnings…
