When the S&P 500 rises above its 200-day moving average, it often signals a potential shift in market sentiment. Analysts like Morgan Stanley’s Wilson have noted that while there is a stock rebound, it does not necessarily indicate an all-clear signal for the market. Experts are watching key levels to determine if the stock rally has lasting strength. Additionally, there are considerations around whether U.S.-China trade news could act as a catalyst for further market moves. Despite some recovery in stocks, another bull run is not guaranteed according to Morgan Stanley’s Lisa Shalett.
— new from MarketWatch