DJ Morgan Stanley Stock Outperforms Competitors On Strong Trading Day
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Shares of Morgan Stanley $(MS)$ rallied 1.58% to $138.93 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.39% to 6,061.48 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.
The stock's rise snapped a three-day losing streak.
Morgan Stanley closed 1.80% below its 52-week high of $141.48, which the company reached on January 29th.
The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 0.93% to $270.43, Wells Fargo & Co. $(WFC)$ rose 0.73% to $80.05, and Charles Schwab Corp. $(SCHW)$ rose 0.09% to $81.87.
Trading volume (5.2 M) remained 1.4 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.
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(END) Dow Jones Newswires
February 05, 2025 16:34 ET (21:34 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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