Markets mostly rose on Friday.
The S&P 500 rose 1.1 percent to a record high and the STOXX Europe 600 rose 1.3 percent. However, the Nikkei 225 fell 0.6 percent.
Tom Lee, Fundstrat’s head of research, said in a note that the “growth scare” may have peaked on Thursday and that “equities might be shifting toward a broader risk on”.
Mike Wilson, Morgan Stanley’s chief US equity strategist, told clients that “a correction will create buying opportunities given a still strong growth backdrop”.
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