Morgan Stanley Says S&P 500 Could Tumble Another 7%-8%
1. S&P 500 could drop to 4,700 if tariffs persist. 2. Market slid 9% last week; futures down 2.7% today. 3. Analysts project oversold conditions with negative sentiment dominating. 4. Oppenheimer has lowered its S&P target to 5,950. 5. No signs of tariff easing or interest rate cuts from Fed.