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Morgan Stanley's Mike Wilson believes that the S & P 500 could continue to climb before the end of the year, with a 5% gain from now not out of the question as investors breathe a sigh of relief after the US Presidential Election and a "fear of missing out" (FOMO) mentality at the end of the year. But the strategist warns that enthusiasm could fade as 2025 rolls around, with no obvious catalyst in sight. "I think we could see 6,000 points, if there's not too much panic...

2024-11-05 02:09:35