JPMorgan says higher oil prices could spark a 'domino effect' that tanks the S&P 500 by 15%

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• JPMorgan sees a "domino effect" from higher oil prices that could cause stocks to plunge.
• The bank warned that oil prices remaining above $90 a barrel could spark a 15% drop in the S&P 500.
• The losses could spread to other markets and hit US growth, the bank said.

There's a chance that the S&P 500's latest sell-off could deepen if oil prices don't edge back down, according to JPMorgan Private Bank.

In a note to clients on Friday...