Saturday, August 1, 2026

The stock market sell-off was deeper than it looked. And that bodes well for a future comeback

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The S&P 500’s price-to-earnings ratio shows the drawdown was actually more intense than it seemed. That’s good news for investors looking for a recovery rally.

There’s reason to believe Monday’s market rally could be part of a bigger rebound for the S&P 500, according to Morgan Stanley.

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