Morgan Stanley Market Prediction: 3 Things Could Boost S&P 500 Outlook

Donald Trump’s tariffs have sparked historic levels of volatility in the stock market.

The S&P 500 fell 11% in just two days recently, a drawdown rivaled only by the onset of the pandemic in 2020, the global financial crisis in 2008, and the Black Monday crash in 1987.

On the flip side, the index’s 10% single-day gain last week was one of the biggest upward moves in history, and it’s fresh off its best week since 2023.

In new research, Morgan Stanley noted that amid these wild swings, the S&P 500 has been oscillating between 5,000 and 5,500.

“The equity market will likely remain in a wide trading range with high volatility until we have more certainty on the depth of the growth slowdown and the timing of a…

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