Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley
MarketWatch· Steve Goldstein· Oct 26, 2026 · 9:02 AM
The chief stock-market strategist for Morgan Stanley is sticking with a forecast that the S&P 500 will end the year at 8,000, but growing caution is on display as he identified that support for the key semiconductor sector could come considerably lower.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
marketsabout 3 hours ago
Micron’s stock is dirt cheap — and that’s igniting a fierce online debate
Valuation purists see a ridiculously inexpensive stock, but some semiconductor investors say Micron’s earnings power won’t hold up.
MarketWatch
marketsabout 4 hours ago
A disturbing employment trend is hiding beneath the latest strong job numbers
The average jobless worker's bout of unemployment surpassed 27 weeks in October, the highest outside of the pandemic period in a decade.
CNBC Markets
marketsabout 5 hours ago
My adviser recommended an annuity. Is it the right move in this market environment?
“I haven’t committed to the strategy yet and would appreciate some independent perspectives.”
MarketWatch