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Morgan Stanley’s Wilson warns S&P 500 to sink 5% on growth risks

BYBloomberg and Sagarika Jaisinghani
U.S. stocks are at risk of slumping another 5% on worries about the hit to corporate earnings from tariffs as well as lower fiscal spending, according to Morgan Stanley’s Michael Wilson.
U.S. stocks are at risk of slumping another 5% on worries about the hit to corporate earnings from tariffs as well as lower fiscal spending, according to Morgan Stanley’s Michael Wilson.
Victor J. Blue/Bloomberg via Getty Images