Investing
Add as a preferred source on GoogleThe strategist said weakness could last into November, even as he expects the three-month pullback to end soon.
Michael Wilson, a Morgan Stanley strategist, said recent losses remain concentrated in parts of the equity market, with weakness potentially stretching into November.
Wilson sees the three-month decline nearing completion and said investors should consider increasing risk exposure as it recedes.
Mastercard shares reached a record closing price of $617.42 on Oct. 16. The company completed its BVNK acquisition during the third quarter.
Basic earnings per share were ₹12.66. The Indian lender’s shares fell 2.31% on Oct. 19.
Reuters said the yield was on CoreWeave’s October 2031 dollar bond; Netflix and Tesla are due to report before the U.K. budget on Oct. 28.
