Morgan Stanley: Strong dollar may threaten US stock rally
Tuesday, Oct 15, 2024 7:30 pm ET
MS --
Michael Wilson, Morgan Stanley's chief US equity strategist, said the strengthening dollar could be one of the few obstacles threatening the US stock market's rally. "The strengthening dollar could again slow the stock market rebound," he said. "That's something we're looking at now that could affect the momentum of the US stock market hitting new highs."