Morgan Stanley is trading 3.27% down at $180.54 as investors questioned whether its strong earnings could continue after a sell-the-news reaction.
- The company beat third-quarter estimates, reporting $3.03 EPS and $20.34 billion in revenue, following a stronger prior quarter.
- September CPI reached 3.7% year over year, hotter than expected; S&P 500 futures turned negative after the release, which may add pressure.
- No current volume figure was provided.