Reported about 1 month ago
US stocks showed mixed results as the Dow Jones rose over 150 points, driven by Morgan Stanley's strong earnings, while the Nasdaq dropped slightly due to disappointing forecasts from ASML and other companies. Morgan Stanley's profits surged, reflecting a rebound in investment banking, but concerns lingered over potential weaknesses in other sectors. Notably, the airline industry reached a new 52-week high following United Airlines' favorable earnings report. Overall, the market is responding to new earnings data, with investors on alert for further insights.
Source: YAHOO