Today’s live updates on the stock market

Stocks surged Wednesday as bond yields dipped to a two-month low, and the market’s November rally expanded ahead of the Thanksgiving holiday. The Dow Jones Industrial Average rose 184.74 points, or 0.53%, to 35,273.03. The S&P 500 increased 0.41% to 4,556.62, and the Nasdaq Composite went up 0.46% to 14,265.86. Wednesday saw more than half…

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Morgan Stanley’s strategy for navigating a sluggish, ‘late-cycle’ economy: Insights into their stock playbook

Investors Advised to Seek Safer Hideaways in Late-Cycle Market Environment, says Morgan Stanley According to a note from Morgan Stanley analyst Andrew Pauker, as economic activity reaches its peak, investors should consider defensive sectors such as health care and utilities as safer options in the market. Pauker suggests that current leading macro data and the…

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