Nasdaq 100 may fall more than 20% from peak, Morgan Stanley warns

The tech-led selloff in U.S. equities is likely only halfway done, according to the Morgan Stanley strategist whose warning last month about the top-heavy market now appears prescient. Down 13% from its Sept. 2 high, the Nasdaq 100 has tumbled below its 50-day average and is underperforming the S&P 500 …

Read moreNasdaq 100 may fall more than 20% from peak, Morgan Stanley warns