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| Meta Title | Bank warns of impending market correction | Fox Business |
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| Boilerpipe Text | Published
July 31, 2018 9:01am EDT
Morgan Stanley analysts believe the stock market is showing signs of exhaustion, and in the absence of a major catalyst, a correction could be due.
The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have all faced some downside pressure since Friday, and this comes despite a solid reading on fourth-quarter GDP and overall, positive earnings.
Commenting on the marketsâ performance over the past few sessions, Morgan Stanley told investors in a note, âWith Amazonâs strong quarter out of the way, and a very strong 2Q GDP number on the tape, investors were finally faced with the proverbial question of âwhat do I have to look forward to now?ââ
More from FOX Business
The analysts believe that the stock selling has just begun, and that the markets are about to experience the biggest correction since February, according to research notes from the bank. They added that the negative effects could be worse on tech-centered portfolios, discretionary and small cap stocks.
What can investors do to find shelter from this slowdown? Utilities are the only pure defensive sector that analysts currently recommend as overweight, but energy, financials and industrials could provide investors some âvalue.â |
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**Published**
July 31, 2018 9:01am EDT
# Bank warns of impending market correction
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By Leia Klingel [FOXBusiness](https://www.foxbusiness.com/)
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Morgan Stanley analysts believe the stock market is showing signs of exhaustion, and in the absence of a major catalyst, a correction could be due.
The Dow Jones Industrial Average, the S\&P 500 and the Nasdaq have all faced some downside pressure since Friday, and this comes despite a solid reading on fourth-quarter GDP and overall, positive earnings.
Commenting on the marketsâ performance over the past few sessions, Morgan Stanley told investors in a note, âWith Amazonâs strong quarter out of the way, and a very strong 2Q GDP number on the tape, investors were finally faced with the proverbial question of âwhat do I have to look forward to now?ââ
## More from FOX Business
[Best Low P/E Stocks to Buy Today](https://foxbusiness.com/markets/best-low-p-e-stocks-to-buy-today)
The analysts believe that the stock selling has just begun, and that the markets are about to experience the biggest correction since February, according to research notes from the bank. They added that the negative effects could be worse on tech-centered portfolios, discretionary and small cap stocks.
What can investors do to find shelter from this slowdown? Utilities are the only pure defensive sector that analysts currently recommend as overweight, but energy, financials and industrials could provide investors some âvalue.â
## U.S. Stock Market Quotes
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   |
| Readable Markdown | **Published** July 31, 2018 9:01am EDT
Morgan Stanley analysts believe the stock market is showing signs of exhaustion, and in the absence of a major catalyst, a correction could be due.
The Dow Jones Industrial Average, the S\&P 500 and the Nasdaq have all faced some downside pressure since Friday, and this comes despite a solid reading on fourth-quarter GDP and overall, positive earnings.
Commenting on the marketsâ performance over the past few sessions, Morgan Stanley told investors in a note, âWith Amazonâs strong quarter out of the way, and a very strong 2Q GDP number on the tape, investors were finally faced with the proverbial question of âwhat do I have to look forward to now?ââ
## More from FOX Business
The analysts believe that the stock selling has just begun, and that the markets are about to experience the biggest correction since February, according to research notes from the bank. They added that the negative effects could be worse on tech-centered portfolios, discretionary and small cap stocks.
What can investors do to find shelter from this slowdown? Utilities are the only pure defensive sector that analysts currently recommend as overweight, but energy, financials and industrials could provide investors some âvalue.â |
| Shard | 163 (laksa) |
| Root Hash | 11899573368979483563 |
| Unparsed URL | com,foxbusiness!www,/economy/banks-warn-of-impending-market-crash s443 |