Tag : Morgan Stanley

Stock futures rise ahead of key inflation reports this week
Featured News

Stock futures rise ahead of key inflation reports this week

manamalive.com
Stock futures edged higher on Tuesday morning as investors prepared for two critical inflation reports this week. Futures tied to the Dow Jones Industrial Average rose by 69 points, or 0.2%, while S&P 500 and...
Post-holiday blues hit Hong Kong's Chinese equities as economic concerns rise
Business

Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise

manamalive.com
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout the region and escalating concerns about China's economic prospects. The...
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
Business

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs

manamalive.com
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...