Bloomberg “Morgan Stanley Traders Top Goldman’s for Second Straight Quarter” For a second straight quarter, Morgan Stanley posted more fixed-income revenue than its bigger competitor in one of Wall Street’s most hotly contested arenas, reporting the smallest drop among top U.S. investment banks on Wednesday. Equities trading also outperformed Goldman Sachs, as did the firm’s....
Bloomberg “Stocks Bounce and Havens Drop as Korea Fears Abate: Markets Wrap.” Stocks around the world advanced and volatility gauges fell as the prospect of war between the U.S. and North Korea appeared to recede. Havens including gold, Treasuries and the yen fell. U.S. stock opened higher, with the S&P 500 Index and Dow Jones....