The Latest Breaking News from Morgan Stanley

HDFC Bank-HDFC merger: For advising on a $64 billion deal, bankers get a 0.0002% fee

MUMBAI: A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.

The Times of India · Jul 4, 2023

M&As are Down 38% in 2023; Does That Mean a Recession is Coming?

In the first half of 2023, mergers and acquisition (M&A) deals dropped to multi-year lows. Is this a harbinger for a recession?

Barchart · Jul 3, 2023

Morgan Stanley says commercial real estate will crash harder than during the Great Financial Crisis. Here’s how 5 other top institutions see it playing out

There’s one thing they can all agree on: Office properties are in trouble.

Fortune · Jun 26, 2023

Markets Today: Stocks Slightly Lower on Geopolitics and Weak Economic News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.04%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.05%. U.S. stocks are being undercut by weak consumer economic reports over the weekend from China, a weak German IFO report, and geopolitical concerns after Wagner...

Barchart · Jun 26, 2023

How a Fortune 500 tech company is helping transgender employees weather an anti-trans backlash

Financial-software giant Intuit has listened to and stood up for its transgender staff at a pivotal time.

Fortune · Jun 25, 2023

Mega Tech Stocks Move Higher Despite Hawkish Central Banks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday rose by +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +1.18%. U.S. stocks saw support Thursday from a rally in...

Barchart · Jun 22, 2023

Stocks Move Higher Despite Central Bank Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. U.S. stocks have overcome early losses and are trading...

Barchart · Jun 22, 2023

Markets Today: Stocks Fall on Overseas Rate Hikes

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.22%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.24%. U.S. stock index futures are trading lower after the Bank of England today surprised the markets with a +50 bp rate hike to 5.00% to...

Barchart · Jun 22, 2023

S&P Futures Tick Higher Ahead of Powell Testimony

September S&P 500 futures (ESU23) are trending up +0.07% this morning after three major U.S. benchmark indices finished the regular session lower as market participants weighed China’s outlook while bracing for Federal Reserve Chairman Jerome Powell’s congressional testimony.

Barchart · Jun 21, 2023

S&P Futures Tick Lower Ahead of Powell Testimony

September S&P 500 futures (ESU23) are trending down -0.06% this morning after three major U.S. benchmark indices finished the regular session lower as market participants weighed China’s outlook while bracing for Federal Reserve Chairman Jerome Powell’s congressional testimony.

Barchart · Jun 21, 2023