Stocks are likely to see a 10% correction as earnings weaken and election uncertainty swirls, Morgan Stanley CIO says [Business Insider]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
Check Earnings Report
US:NYSE Investor Relations:
morganstanley.com/about-us-ir
Company Research
Source: Business Insider
That's because corporate earnings look weak and need several catalysts to improve, the bank's Mike Wilson said. Other forecasters have sounded the alarm for a soon-to-come correction as stocks look overvalued. Stocks are poised to see a double-digit drop, according to Morgan Stanley's Mike Wilson. The bank's CIO and chief US equity strategist warned of a looming correction in the stock market, largely thanks to a rocky outlook for corporate earnings and the economy leading up to the presidential election. "If you have bad earnings reports, you're going to get punished. That's been consistent all year, which is why the average stock is down this year," Wilson said in an interview with Bloomberg on Monday. Related stories While the S&P 500 has hit a series of record highs this year, the benchmark index is largely being propped up by a handful of growth stocks , which have seen outsized returns amid the investor frenzy for all things related to artificial intelligence. The
Show less
Read more
Impact Snapshot
Event Time:
MS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MS alerts
High impacting Morgan Stanley news events
Weekly update
A roundup of the hottest topics
MS
News
- Morgan Stanley (NYSE: MS) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $118.00 price target on the stock.MarketBeat
- Morgan Stanley (NYSE: MS) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $105.00 to $106.00. They now have a "neutral" rating on the stock.MarketBeat
- Morgan Stanley Investment Management Closes 1GT Climate Private Equity Fund at $750 MillionBusiness Wire
- KBRA Assigns Rating to North Haven Private Income Fund LLC's $300 Million Senior Unsecured Notes Due 2030Business Wire
- Morgan Stanley B.V. - six months interim report and financial statements for the period ended 30 June 2024PR Newswire
MS
Earnings
- 7/16/24 - Beat
MS
Sec Filings
- 9/23/24 - Form 424B2
- 9/23/24 - Form 424B2
- 9/23/24 - Form FWP
- MS's page on the SEC website