Market Performance - The three major U.S. stock indices all closed higher, with the Dow Jones up 0.18%, the S&P 500 up 0.73%, and the Nasdaq up 1.21% [1] Notable Stocks - Apple surged over 5%, and Walmart increased by more than 4%, leading the Dow [3] - The index of the seven major U.S. tech stocks rose by 1.74%, with Amazon up approximately 4% and Tesla up over 3% [3] Analyst Insights - Morgan Stanley's latest report indicates that the U.S. stock market may experience a phase adjustment in Q3, primarily due to the delayed impact of tariffs and fluctuating Federal Reserve policies [3] - Despite the potential for a Q3 adjustment, Morgan Stanley believes that the current bull market in U.S. stocks is not over, suggesting that the adjustment is more likely a "pause" rather than an "end," and that any pullback will present a buying opportunity [3]