While you were sleeping: Nasdaq hits fresh high

Mon, 20 Jul 2015

By Margreet Dietz July 21 (BusinessDesk) - Wall Street rose towards fresh record highs amid optimism about US corporate earnings. Morgan Stanley was the latest company to post stronger than expected quarterly earnings. Its shares last traded 0.3 percent weaker. "The quarter (for Morgan Stanley) looked really good, uncomplicated and straightforward across all the board, which is what really stood out," Marian Kessler, co-portfolio manager of the Becker Value Equity Fund in Portland, Oregon, told Reuters. In late afternoon trading in...

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