A fighting bull at the San Fermín running-of-the-bulls in Pamplona, Spain.

‘The worst is behind us’ — the most attractive risk-reward in years means it is time to buy stocks, Morgan Stanley says

It’s a Monday but there is optimism in the air. Tentative signs that the coronavirus spread may be slowing, despite the U.S. being set for its worst week so far, have encouraged investors, sending stocks surging higher – the Dow closed 1,627 points – 7.7% – higher. New York reported a drop in new infections and deaths on Sunday and President Donald Trump said there was “light at the end of the tunnel.”

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