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Morgan Stanley forecasts S&P 500 recovery after US midterm elections

InvestorsHub +2 · ·by G4L

MS Morgan Stanley
$187.10 +3.12%
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  1. 1Morgan Stanley's year-end target for the S&P 500 is 8,000.
  2. 2The short-term downside range for the S&P 500 predicted by Morgan Stanley is 7,100 to 7,200.
  3. 3Michael Wilson mentioned a rise of more than 100bp in long-term Treasury yields since February.

So what's the key point?

Morgan Stanley expects the US stock market could rise to 8,000 by the end of the year. However, they warned that stock prices could drop to the 7,100 level for the time being.

Source InvestorsHub +2 · View original ↗

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