Morgan Stanley CIO Mike Wilson says recent market volatility, driven by tech stock sell-offs, is increasing the likelihood of Federal Reserve rate cuts, with the firm raising its S&P 500 target to 7,800 amid improving earnings outlooks and weakening labor market data.
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Morgan Stanley CIO Says Recent Market Volatility Increases Likelihood of Fed Rate Cuts
Morgan Stanley CIO Mike Wilson says recent market volatility, driven by tech stock sell-offs, is increasing the likelihood of Federal Reserve rate cuts, with the firm raising its S&P 500 target to 7,800 amid improving earnings outlooks and weakening labor market data.
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Asian Markets Resilient Amid US Intervention—'US Strikes Differ from Israel's, Nuclear Threat Eased'
Asian markets showed resilience as US strikes on Iran eased nuclear concerns, with limited market volatility and experts expecting the conflict to remain localized.
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Citi Lowers S&P 500 Year-End Target to 5,800
Citigroup revises S&P 500 year-end target to 5,800, citing weakened earnings outlook and macroeconomic concerns, while maintaining positive risk-reward perspective
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Wall Street Bull Maintains S&P 500 Target at 7,100, Citing Unchanged Corporate Fundamentals
Wall Street bull John Stoltzfus maintains S&P 500 year-end target at 7,100, citing unchanged corporate fundamentals despite recent market corrections due to tariff uncertainties and recession fears.
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