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…
READ MOREStock Market Today: S&P 500, Dow Rally As Schumer Punts Government Shutdown
The US stock market rallied on Friday after days of pain brought on by Trump’s trade war. Markets cheered after Sen. Chuck Schumer said he’d support a GOP spending bill. It means a government shutdown will likely be averted, delivering investors much-needed good news. After days of pain brought on by President Donald Trump’s trade…
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