Resilient U.S. Economy Likely to Help Stocks Recover From Selloff -- Market Talk
Dow Jones2026/11/04 09:080908 GMT - Stock markets are expected to regain their footing before long, supported by a resilient U.S. economy, says Mitsubishi UFJ Morgan Stanley Securities strategist Kenta Inoue. Financial markets reacted sharply as disappointing results from tech companies coincided with high earnings expectations and uncertainty around the midterms, he says. "A sharp drop in stock prices could understandably spark worries about a slowdown in the U.S. economy, but recent GDP data showed accelerating growth underpinned by consumer spending and robust business investment, while job gains in the labor market are broadening across industries," he says. (megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
November 04, 2026 04:08 ET (09:08 GMT)
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