[Morgan Stanley: S&P 500 Correction Nearing its End] BlockBeats reports on November 9th that Morgan Stanley's Chief U.S. Equity Strategist, Mike Wilson, believes the market correction is nearing its end and could lay the foundation for a year-end rebound. Wilson predicts the S&P 500 will first approach its downside range of 7,100-7,300 points before bottoming out, while maintaining its year-end target of 8,000 points. However, the bank advises investors to wait before buying on dips, as market breadth continues to weaken and concerns surrounding AI infrastructure financing persist.