JPMorgan raises S&P 500 year-end forecast after sell-off, says slowdown fears are overblown

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The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019.

Carlo Allegri | Reuters

The stock market will shake off its recent pullback and move sharply higher by the end of the year, with reopening trades like travel stocks driving the move, according to a top strategist at JPMorgan.