Stock Market News Today: Dow, Nasdaq Drop; Amazon Earnings in Focus

James Gorman is leaving his job at Morgan Stanley near the top. But not quite at it. Since he took over as the bank's chief executive at the start of 2010, Gorman’s strategy to bet big on wealth and asset management has proved to be the right one in the market’s eyes. While none of the big banks have beaten the S&P 500 over that time, Morgan Stanley’s 8.7% annualized total return is still nearly three points better than its closest rival, Goldman Sachs, at 5.

The stock hit its all-time high in February 2022, and like most of its peers has struggled over the course of the past year, thanks to sharply increasing interest rates, economic uncertainty and a banking crisis. Morgan Stanley’s shares are down about 23% over the past three months—the biggest decline among those big banks, according to FactSet.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Stock Market News Today: Dow Opens Higher, Meta Stock Price Falls; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Stock Market Today: Dow ends lower on drag from Google, Boeing; yields resume riseStock Market Today: Dow ends lower on drag from Google, Boeing; yields resume rise
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: Stocks mixed as Microsoft lifts Dow, Treasury yields mute gainsA mixed set of big tech earnings, alongside modestly higher Treasury yields, has stocks set for an uncertain open on Wednesday.
Herkunft: startelegram - 🏆 248. / 63 Weiterlesen »