The S&P 500 can get to 4,150 before 'reality sets in,' says Morgan Stanley's normally bearish top strategist

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The S&P 500 can get to 4,150 before 'reality sets in,' says Morgan Stanley's normally bearish top strategist
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"Lower lows" for the S&P 500 are still out there, even if we get a rally in the near term, says Morgan Stanley's Mike Wilson.

We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 500 and Nasdaq Composite.And November is set to kick off with what’s widely... We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 500 and Nasdaq Composite.

And wheat futures W00 have jumped 6% after Russia resumed a blockade of Ukrainian ports, putting much-needed global grain exports in jeopardy. Data showed China factory, construction and service activities slumped in October, signalling fresh worries over economic growth. And eurozone inflation jumped to 10.7% in October from 9.2%.In the biggest private-equity deal in months, Blackstone BX is set to take a majority stake in Emerson Electric’s EMR climate-technologies business, valuing the unit at $14 billion.

Best of the web Parents from Seoul and around the world tell of excruciating waits and devastating loss after deadly Halloween crowd crush in Seoul.

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