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US Stock-Market Exceptionalism Is Back As Magnificent 7 Recovers: MS

US Stock-Market Exceptionalism Is Back As Magnificent 7 Recovers: MS

The sell-off in Magnificent Seven stocks may be over, according to Morgan Stanley. A rebound in the mega-cap tech group could put US markets back on top, the bank said in a note. Analysts pointed to positive signals like a weaker dollar and an improved earnings outlook. Things could be turning around for the mega-cap…

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US stocks end sharply higher as selloff prompts dip-buying rally

U.S. stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which U.S. President Donald Trump’s escalating trade war fueled recession fears and doused risk appetite. A broad rally boosted all three major U.S. stock indexes to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every…

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