Investors should brace for a US stocks pullback and be ready to pounce when fear peaks as a powerful earnings backdrop collides with mounting risks, according to Morgan Stanley Investment Management’s Andrew Slimmon.
While equities slipped Tuesday after a report that OpenAI missed internal sales targets raised fresh concerns about artificial intelligence spending, the S&P 500 Index is still on track for its best month in more than five years. His call comes at a critical juncture, with some of Wall Street’s largest technology companies, including Alphabet Inc., Amazon.com Inc. and Microsoft Corp., set to report results ...