Fri Apr 04 14:50:00 UTC 2025: ## S&P 500 Finds New Support Level After Sharp Decline: Morgan Stanley
**NEW YORK** – Following the S&P 500’s worst single-day drop since 2020, Morgan Stanley has identified a new potential support level for the index. Mike Wilson, the firm’s chief U.S. equity strategist, suggests investors should watch the 5,100 to 5,200 range as a key indicator of market stability. This range represents a price floor where the index is considered undervalued and likely to attract buyers, preventing further significant declines. The announcement comes as Wall Street strategists reassess market conditions in the wake of recent volatility.
First Piper 