S&P 500 CORRECTION NEARING END Michael Wilson of Morgan Stanley says the S&P 500 is likely closer to the end than the start of its rolling correction. He remains constructive over the next 6–12 months, expecting earnings growth and market breadth to improve. However, moves in oil and the U.S. dollar will determine how long volatility lasts. Morgan Stanley says near-term weakness could create buying opportunities, especially in Financials, Industrials, Consumer Discretionary and small caps, though risks remain if oil stays above $100 or the Federal Reserve delays rate cuts.