The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist
Published . Updated .
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Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.
Directly affected
- MS Morgan Stanley-3.9% 30d
Named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR+1.6% 16d
Financial Select Sector SPDR holds the financials sector that Morgan Stanley belongs to, so it often moves with news about it.
- GS The Goldman Sachs Group+1.3% 30d
The Goldman Sachs Group is a peer of Morgan Stanley in security brokers, dealers and flotation companies; rivals often move on the same news.
- BLK BlackRock+14.8% 30d
BlackRock is a peer of Morgan Stanley in security brokers, dealers and flotation companies; rivals often move on the same news.
- SCHW The Charles Schwab
The Charles Schwab is a peer of Morgan Stanley in security brokers, dealers and flotation companies; rivals often move on the same news.
- IBKR Interactive Brokers Group-7.8% 30d
Interactive Brokers Group is a peer of Morgan Stanley in security brokers, dealers and flotation companies; rivals often move on the same news.
- HOOD Robinhood Markets-27.8% 30d
Robinhood Markets is a peer of Morgan Stanley in security brokers, dealers and flotation companies; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MS | -0.45% | +3.24% | base | +0.76% | +0.95% | +5.22% | -1.03% |
| XLF | -0.87% | -0.73% | base | +1.79% | +1.15% | +4.67% | +1.89% |
| GS | -0.08% | +3.61% | base | +0.52% | +0.20% | +3.84% | -2.85% |
| BLK | -1.74% | +0.94% | base | +1.70% | +1.14% | +6.67% | +2.01% |
| SCHW | +1.96% | +0.85% | base | +0.81% | +1.41% | +6.07% | +5.18% |
| IBKR | +4.81% | +8.65% | base | -2.68% | +0.70% | +1.29% | -5.44% |
| HOOD | +9.25% | +7.56% | base | -1.39% | +0.79% | +2.88% | -7.74% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.
Source: MarketWatch
This story
| Company | When | Move | Status |
|---|---|---|---|
| BLK | that day | +1.70% | final price |
| BLK | the next day | +1.14% | final price |
| BLK | two days later | +6.67% | final price |
| BLK | three days later | +2.01% | final price |
| BLK | three days earlier | +0.94% | final price |
| BLK | five days earlier | -1.74% | final price |
| GS | that day | +0.52% | final price |
| GS | the next day | +0.20% | final price |
| GS | two days later | +3.84% | final price |
| GS | three days later | -2.85% | final price |
| GS | three days earlier | +3.61% | final price |
| GS | five days earlier | -0.08% | final price |
| HOOD | that day | -1.39% | final price |
| HOOD | the next day | +0.79% | final price |
| HOOD | two days later | +2.88% | final price |
| HOOD | three days later | -7.74% | final price |
| HOOD | three days earlier | +7.56% | final price |
| HOOD | five days earlier | +9.25% | final price |
| IBKR | that day | -2.68% | final price |
| IBKR | the next day | +0.70% | final price |
| IBKR | two days later | +1.29% | final price |
| IBKR | three days later | -5.44% | final price |
| IBKR | three days earlier | +8.65% | final price |
| IBKR | five days earlier | +4.81% | final price |
| MS | that day | +0.76% | final price |
| MS | the next day | +0.95% | final price |
| MS | two days later | +5.22% | final price |
| MS | three days later | -1.03% | final price |
| MS | three days earlier | +3.24% | final price |
| MS | five days earlier | -0.45% | final price |
| SCHW | that day | +0.81% | final price |
| SCHW | the next day | +1.41% | final price |
| SCHW | two days later | +6.07% | final price |
| SCHW | three days later | +5.18% | final price |
| SCHW | three days earlier | +0.85% | final price |
| SCHW | five days earlier | +1.96% | final price |
| XLF | that day | +1.79% | final price |
| XLF | the next day | +1.15% | final price |
| XLF | two days later | +4.67% | final price |
| XLF | three days later | +1.89% | final price |
| XLF | three days earlier | -0.73% | final price |
| XLF | five days earlier | -0.87% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Goldman Sachs Group (GS), worth $1,001 - $15,000 on 24 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael Rulli bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 3 Sep 2026. That is 60 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 26 Aug 2026. That is 68 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Interactive Brokers Group (IBKR), worth $50,001 - $100,000 on 21 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist” scores 12 out of 100. The score uses 1 sources.