MORGAN STANLEY MAPS WINNERS FROM HORMUZ REOPENING Morgan Stanley says European equities are the most sensitive to a potential reopening of the Strait of Hormuz as U.S.-Iran diplomacy progresses. Airlines, aerospace, construction, luxury and banks could benefit most from a resolution. The bank remains overweight banks, semiconductors and capital goods, while France’s CAC 40 shows the strongest positive correlation to reopening among European markets.(彭博社)