Morgan Stanley strategists remain optimistic about the U.S. stock market's performance over the next 6-12 months
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Morgan Stanley strategists believe that the recent rolling correction in the stock market is nearing its end and remain optimistic about the U.S. stock market's performance over the next 6 to 12 months. However, short-term market volatility may persist due to oil price fluctuations and a stronger U.S. dollar. From a positioning and valuation perspective, cyclical sectors are not overextended, and fundamentals remain favorable.