Latest Morgan Stanley News

Stock market today: Asian shares trading mixed after Wall Street’s momentum cools

Mar. 25, 2024 23:00 PM EDT

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to...

Which streamer will target password sharing next? The former HBO Max looks ready to make its play

Mar. 06, 2024 18:10 PM EST

SAN FRANCISCO (AP) — Which streamer will target password sharing next? The former HBO Max appears ready to make its play. Now simply MAX, the Warner Bros. Discovery-owned service will start cracking down on people sharing passwords outside their household “starting later this...

What recession? Professional forecasters raise expectations for US economy in 2024

Feb. 26, 2024 10:45 AM EST

NEW YORK (AP) — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for inflation, according to the...

Shoppers helped keep the economy out of a recession. Now investors hope for even more

Feb. 15, 2024 08:03 AM EST

NEW YORK (AP) — How much spending power do U.S. shoppers have left? That's the key question as big U.S. retailers get set to report their latest quarterly results. Even when inflation was high, interest rates were shooting upward and worries were rising that a recession seemed...

Stock market today: Big Tech carries Wall Street to another record and winning week

Feb. 02, 2024 17:16 PM EST

NEW YORK (AP) — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Big gains for Meta Platforms and Amazon helped drive the S&P 500 index up by 1.1% to its latest all-time...

Stock market today: Asian shares mostly fall after Wall Street drop, Tokyo hits new 34-year high

Jan. 16, 2024 22:03 PM EST

TOKYO (AP) — Asian shares were trading mostly lower Wednesday after a decline overnight on Wall Street, while Tokyo's main benchmark momentarily hit another 30-year high. Japan's benchmark Nikkei 225 gained 0.9% in morning trading to 35,935.59. The Nikkei has been hitting new...

How major US stock indexes fared Tuesday, 1/16/2024

Jan. 16, 2024 16:22 PM EST

Wall Street closed lower in a lackluster return to trading following a three-day holiday weekend. The S&P 500 fell 0.4% Tuesday, though it remains within a good day of its all-time high set two years ago. The Dow lost 0.6%, and the Nasdaq composite slipped 0.2%. ...

FB Financial, Restaurant Brands fall; Synopsys, InterDigital rise, Tuesday, 1/16/2024

Jan. 16, 2024 16:14 PM EST

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday: PNC Financial Services Group Inc., up 10 cents to $149.02. The bank's fourth-quarter earnings fell short of Wall Street forecasts, but it reported encouraging revenue. ...

Goldman Sachs 4Q profits jump 51%, but full year reflects difficult period for the bank

Jan. 16, 2024 11:57 AM EST

NEW YORK (AP) — Goldman Sachs' profits jumped 51% from a year earlier, the investment bank said Tuesday, helped by the strong returns in the overall market and its wealth management division in the last three months of the year. However the storied investment bank closed out a...

Morgan Stanley: Q4 Earnings Snapshot

Jan. 16, 2024 07:43 AM EST

NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Tuesday reported fourth-quarter net income of $1.52 billion. The company, based in New York, said it had earnings of 85 cents per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share. The...