Stock Market Today: Indexes Edge Down; Investors Dig Into More Bank Earnings
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Bank of America Says It’s Fixing Its Surveillance of Customer Accounts for Suspicious Activity
Bank of America said Thursday it was making progress in monitoring suspicious activity in customer accounts, which regulators penalized the bank for late last year. In December, the Office of the Comp ...
Retail Traders Drove Up Morgan Stanley’s Wealth Management Revenue
Morgan Stanley’s wealth-management unit got a boost from retail trading in the fourth quarter. The unit generated $7.48 billion in revenue, up 13% from a year ago and accounting for nearly half of ...
Heard on the Street: Luxury Investors Press 'Buy Now' Too Early
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. Shares in Europe’s luxury industry rose across the board Thursday after Richemont reported far ...