Odaily News Morgan Stanley strategists said that the current trend of the US stock market is basically inclined to the pattern of the 2016 US presidential election, although this time, the signals are more mixed under the different economic background. The team led by Michael Wilson said that the outperformance of financial and industrial stocks shows that the direction of market movement is similar to that of 2016 to a certain extent. "However, outside of financial stocks, the magnitude of fluctuations in these sectors is not convincing, and the financial sector has also benefited from a strong earnings season and improved fundamentals," they wrote in the report. (Jinshi)