U.S. stocks open lower as investors weigh Morgan Stanley earnings, housing-market data

U.S. stocks opened lower Wednesday, as investors weighed third-quarter earnings including from Morgan Stanley. The Dow Jones Industrial Average DJIA, -0.25% was down 0.1% soon after the opening bell, while the S&P 500 SPX, -0.44% shed 0.4% and the Nasdaq Composite COMP, -0.60% dropped 0.7%, according to FactSet data, at last check.

Morgan Stanley’s third-quarter earnings fell in the third-quarter but beat Wall Street expectations. In economic news, construction of new homes in the U.S. rose 7% in September, according to a report Wednesday from the Census Bureau and Department of Housing and Urban Development. Federal Reserve officials are scheduled to speak on Wednesday, including Fed Gov. Chris Waller and New York Fed President John Williams around midday Eastern Time.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open lower as Treasury yields jump after retail sales stronger than expectedChristine Idzelis is a markets reporter at MarketWatch and is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Morgan Stanley, P&G Earnings in SpotlightOil prices rally; Treasury yields hold above 4.8%
Source: WSJ - 🏆 98. / 63 Read more »

Morgan Stanley’s Earnings Fall 9% on Lower Investment-Banking RevenueFees from advising corporate clients on mergers and acquisitions fell by more than 30%
Source: WSJ - 🏆 98. / 63 Read more »

Morgan Stanley’s Earnings Fall 9% on Lower Investment-Banking RevenueFees from advising corporate clients on mergers and acquisitions fell by more than 30%
Source: WSJ - 🏆 98. / 63 Read more »

Morgan Stanley earnings fall 10% but beat lowered Wall Street expectationsTrading revenue rises 10%, but investment banking remains weak amid a dearth of deals
Source: MarketWatch - 🏆 3. / 97 Read more »