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Dow Continues To Set Record Highs As It Rises 150 Points

Ramsey Baker

Summary: Stocks rose on Thursday creating fresh record highs after Morgan Stanley reported quarterly figures that easily surpassed analyst expectations. The Dow Jones Industrial Average gained 150 points, or 0.5%. The S&P 500 grew 0.5% and passed 3,300 for the first time ever. The Nasdaq Composite advanced 0.6%. Morgan Stanley performed beyond expectations in investment management, ...

Stocks rose on Thursday creating fresh record highs after Morgan Stanley reported quarterly figures that easily surpassed analyst expectations.

The Dow Jones Industrial Average gained 150 points, or 0.5%. The S&P 500 grew 0.5% and passed 3,300 for the first time ever. The Nasdaq Composite advanced 0.6%.

Morgan Stanley performed beyond expectations in investment management, wealth management and trading. This showing from Morgan Stanley’s three main businesses caused the company’s stock to jump 7%.

By Ramsey Baker

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Link: Dow Continues To Set Record Highs As It Rises 150 Points   [Copy]
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