Stocks could get rocked in second half, until the Fed stops raising interest rates, says Morgan Stanley

Trade tensions are expected to weigh on stocks, creating volatility and corrections, until the Fed pauses its rate hikes, Morgan Stanley chief equity strategist Michael Wilson said in a note. Wilson said he expects to see more “volatility with several 10 percent corrections in global equity markets at different points.” Trade issues will be the […]

U.K. stocks score best quarter since 2013

U.K. stocks climbed on Friday, with the benchmark index scoring its best quarter in more than five years, as European political risks receded for now and China took a step toward easing trade tensions with the U.S. The pound climbed after data showed U.K. economic growth in the first quarter was stronger than initially expected. […]