MORGAN STANLEY: S&P 500 CORRECTION NEARLY OVER Morgan Stanley turns cautiously bullish, saying markets have largely priced in recent risks. Strategist Michael Wilson notes the S&P 500 has rebounded ~7% from lows and held key support, signaling the correction may be ending. Strong earnings (≈15% growth, 20% forward) support the outlook, with investors advised to buy dips. Positioning: favor cyclicals + quality growth; energy may have peaked.(*Walter Bloomberg)