Buy SPY by Jul 12, 2026.

Wall Street brokerages JPMorgan and Morgan Stanley said recent market weakness has created opportunities for long-term investors, arguing that resilient corporate earnings growth could cushion the fallout from the Middle East ​conflict. Morgan ​Stanley strategists led by Michael Wilson said the recent selloff in the U.S. S&P 500 looked more like a ‌correction ⁠than the start of a prolonged downturn, and attributed the support to improving earnings growth and healthier valuations. Earnings expectations have continued to increase despite the conflict. …