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Attempting to reconnectBlock stock fell after Morgan Stanley downgraded the company on views that a strategic shift at its Cash App Borrow segment could increase credit losses.
Lockheed Martin has made a framework agreement with the U.S. Department of Defense for fighter jet production, which should help its stock, per Morgan Stanley.
The chief stock-market strategist for Morgan Stanley is sticking with a forecast that the S&P 500 will end the year at 8,000, but growing caution is on display as he identified that support for the key semiconductor sector could come considerably lower.
Today reads warmer than 11 of the last 21 scored days. Click a bar to read that day's stories.