S&P 500 rally in Q4 'more likely than not' despite headwinds - Morgan Stanley
© Reuters. FILE PHOTO: A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File PhotoWilson and other strategists said a majority of investors believed in a potential rally if current levels hold in the short run, despite lingering concerns around higher interest rates and slowing economic growth.
Morgan Stanley maintains its 3,900 year-end price target for the S&P 500 and believes the best way to position is a barbell of defensive growth stocks that have stable earnings, and late-cycle cyclical stocks such as energy. "If it does not, we could see positioning quickly shift to locking in profits and/or relative performance into year end," said Wilson, Morgan Stanley's chief U.S. equity strategist.
Stocks came under selling pressure last week as investors rushed to Treasuries after a surprise attack by militant group Hamas against Israel, but S&P 500 still managed to eke out some gains.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Morgan Stanley upgrades this cybersecurity stock that can double from hereMorgan Stanley's bull case on this cybersecurity stock could see shares nearly double.
Weiterlesen »
S&P 500: How Are 2024 EPS Estimates Shaping Up?Stocks Analysis by Brian Gilmartin covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Brian Gilmartin's latest article on Investing.com
Weiterlesen »
Russell 2000 on Verge of New July Lows; S&P 500, Nasdaq Hold Breakout SupportStocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
Weiterlesen »
S&P 500 futures up cautiously amid Mideast tensions, rising Treasury yieldsJamie Chisholm is a markets reporter based in London.
Weiterlesen »
S&P 500 futures up cautiously amid Mid-East tensions, rising Treasury yieldsJamie Chisholm is a markets reporter based in London.
Weiterlesen »
Lululemon stock leaps as shares are tapped to replace Activision in the S&P 500Lululemon, which is now worth around $50 billion, will replace Activision Blizzard in the S&P 500 following the latter's takeover by Microsoft.
Weiterlesen »