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Bloomberg·1 min read·medium

Morgan Stanley Joins Wall Street Rivals With Stock-Trading Boon - Bloomberg.com

H
Hannah Levitt
Morgan Stanley Joins Wall Street Rivals With Stock-Trading Boon - Bloomberg.com
AI Summary

Morgan Stanley reported record-breaking quarterly results for its stock-trading division. The performance reflects a broader trend of high market volatility benefiting major Wall Street firms.

Morgan Stanleys stock traders sailed past Wall Streets expectations to set another quarterly record, adding to the industrys second-quarter windfall from buoyant markets and ongoing volatility. The…

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