S&P 500 could fall to 6,150: analyst explains how to play the dip

Julian Emanuel of Evercore ISI warns the S&P 500 could slide to 6,150 next week, which would push the benchmark into official 'correction' territory. Escalation of the Iran war is creating 'maximum uncertainty,' prompting risk-off positioning and likely higher volatility and downside risk across US equities.

Analysis

Julian Emanuel of Evercore ISI warns the S&P 500 could slide to 6,150 next week, which would push the benchmark into official 'correction' territory. Escalation of the Iran war is creating 'maximum uncertainty,' prompting risk-off positioning and likely higher volatility and downside risk across US equities.