Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

The investment banking giant has been the subject of regulatory probes regarding the way it vets prospective clients. So far, that's not driving away potential clients, executives say.

Morgan Stanley analyst Christopher Snyder maintained a Hold rating on Carrier Global (CARR – Research Report) today and set a price target of

Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.

The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands include Cartier and Montblanc,

Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The elite ex-wirehouse advisor teams will boost Rockefeller Global Family Office's presence in Texas and New York.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Oppenheimer analyst Chris Kotowski maintained a Hold rating on Morgan Stanley (MS – Research Report) today. The company’s shares closed

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Higher rates are dimming hopes for a recovery in the sluggish housing market. The central bank expects to be the first among major monetary authorities to unwind pandemic-era asset purchases. Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.

US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase