J.P. Morgan strategists noted that with market performance extending to more sectors, tech stocks or AI-related stocks are unlikely to be the primary drivers of market returns in the second half of the year. The team led by Mislav Matejka believes that the sell-off in momentum trades may be nearing its end, with semiconductor stocks currently approaching oversold levels. The team stated in their report that earnings-per-share momentum remains upward, helping to stabilize related stocks. Strategists expect market performance to continue spreading to more sectors and reiterated their advice for investors to buy on dips given the tense geopolitical situation. J.P. Morgan also anticipates that the Federal Reserve will maintain accommodative policies, driving bond yields lower or weakening the U.S. dollar, providing support for the stock market.