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Bulls Hang On as JPMorgan Says Market Angst Is Overblown

  • U.S. futures rebounded in early trading after Monday’s rout
  • JPMorgan strategists say they’re growing even more bullish

Stock investors are once again showing that they can look through any jolt of bad news.

A day after one of the most bruising selloffs of the past year, strategists from JPMorgan Chase & Co. to UBS Global Wealth Management urged clients to buy cyclicals and hold onto their conviction that the economic recovery is just getting started.