Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson By: MarketWatch September 26, 2022 at 15:22 PM EDT Morgan Stanley’s Wilson said every 1% change in the Dollar Index has a negative 0.5% impact on S&P 500 earnings. He also saw an approximate 10% headwind to growth to companies earnings in the fourth quarter, in addition to other headwinds such as payback in demand and higher costs from inflation. Read More >> Related Stocks: Compass Inc Cl A DJIA Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson By: MarketWatch September 26, 2022 at 15:22 PM EDT Morgan Stanley’s Wilson said every 1% change in the Dollar Index has a negative 0.5% impact on S&P 500 earnings. He also saw an approximate 10% headwind to growth to companies earnings in the fourth quarter, in addition to other headwinds such as payback in demand and higher costs from inflation. Read More >> Related Stocks: Compass Inc Cl A DJIA