Market Wrap For December 2: Markets Sluggish on Cyber Monday
December 02, 2013 at 16:50 PM EST
Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS ), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain from current levels. With