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Tuesday's election could produce significant shifts for where stocks, oil prices and other benchmark financial measures end the year, according to Morgan Stanley.
The investment firm laid out projections for the year-end levels for the S&P 500, Treasury yields, the U.S. dollar and oil prices based on four different election scenarios.
Morgan Stanley based the projections on an expectation that the chances of fiscal stimulus would be larger if either party had control of the White House and both chambers of Congress, while a Democratic sweep would lead to a higher corporate tax rate.