STOCKS | Morgan Stanley's Wilson Says Pullback Is Creating Opportunities as Some S&P 500 Groups Rise 10%

Morgan Stanley Chief Investment Officer Mike Wilson said investment opportunities are emerging as the S&P 500 pulls back. According to NS3.AI, Wilson said consumer discretionary goods, transports, and regional banks have risen more than 10% over the past month, even as the S&P 500 was down modestly. Wilson pointed to the relative strength in those areas as a sign that select parts of the market are holding up despite the broader index’s decline.