While you were sleeping: Wall St hits record highs

Wed, 19 Jul 2017

By Margreet Dietz July 20 (BusinessDesk) - Wall Street gained, with the S&P 500 and the Nasdaq touching record highs, amid optimism about US corporate earnings. Shares of Morgan Stanley climbed, up 3.3 percent as of 3.45pm, after the US bank’s latest quarterly results beat expectations. For a second straight quarter, Morgan Stanley posted more fixed-income revenue than Goldman Sachs, reporting the smallest drop among top US investment banks on Wednesday, according to Bloomberg. "We think we've made the right decisions and the results...

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