According to Mars Finance, on November 9, Morgan Stanley Chief U.S. Equity Strategist Mike Wilson said the market pullback was entering its final stages and could lay the groundwork for a year-end rally. Wilson expects the S&P 500 to first approach its downside range of 7,100–7,300 points before bottoming, while maintaining his year-end target of 8,000. However, the bank recommends that investors wait before buying the dip, as market breadth continues to weaken and concerns about financing AI infrastructure remain.
