Wall Street analysts are increasingly optimistic about the US stock market, with experts from Morgan Stanley and Goldman Sachs Group Inc. highlighting the resilience of the economy. Michael Wilson, a strategist at Morgan Stanley, noted that a significant improvement in corporate earnings forecasts supports a positive outlook for the S&P 500 Index through the end of the year. He maintained his 12-month target of 6,500 points, suggesting an 8% rise from current levels. This optimism reflects confidence in sustained economic growth despite potential summer volatility.
— new from Bloomberg.com
