U.S. personal spending quickens in April amid rise in wage growth
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
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Morgan Stanley analyst says bearish equity call unchanged
May 26, 2023 11:35 AM EDTMorgan Stanley's chief US equity strategist Mike Wilson told Bloomberg Television on Friday that the firm's bearish equity market call hasn't been altered despite the recent rise in major technology stocks.
"Are call really hasn't changed," said Wilson.
Wilson explained the "heated rally" in the fourth... More

