On Wednesday, Morgan Stanley’s stock rallied to a record after the bank reported better-than-expected quarterly earnings. Its wealth-management unit broke a four-quarter streak of year-over-year declines,

Morgan Stanley shares rose Wednesday morning as the bank became the latest to surpass analyst estimates for the third quarter.

Morgan Stanley will be the next big bank to report results on Wednesday, along with several regionals. MarketWatch will be breaking down the latest earnings live.

Morgan Stanley stock rallied to a new record after the bank reported quarterly earnings that beat Wall Street’s expectations. Profit rose 32% to $3.19 billion. That amounted to $1.88 per share, which was better than expected.

I am bullish on IPOs and M&A coming back,” said the banks’ CEO. “It may take some time…I think these are going to be global, mature companies that are very much

Morgan Stanley's stock accelerated to the upside after the opening bell, enough that buyers of the option strategy known as a straddle can make money. A [straddle is a pure volatility play](

Brazil’s economy is growing faster than expected and stocks are cheap, said Morgan Stanley strategist Nikolaj Lippmann. Just don’t expect that to translate into a rally in equities, he warned.

Morgan Stanley's profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.