Shares of Morgan Stanley MS slid 1.31% to $129.13 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.39% to 5,940.46 and Dow Jones Industrial Average DJIA falling 0.27% to 42,677.24.

Investing.com -- Morgan Stanley’s Michael Wilson sees the recent selloff in U.S. equities following Moody’s downgrade of the U.S. credit rating as a potential buying opportunity, driven more by interest rate fears than fundamentals. In a note this week, Wilson emphasized that Moody’s action, while impactful, should be viewed in context.