Bank of America, Morgan Stanley Earnings Prop Up Wall Street
Bank stocks are setting the tone this week, with a slew of upbeat post-earnings reactions propping up Wall Street. Morgan Stanley (NYSE:MS) and Bank of America Corp (NYSE:BAC) are two high-profile names leading the charge today, and options traders are along for the ride.MS is 6% higher to trade at 2.80 per share on $18.22 billion in revenue, both of which exceeded estimates, with the former the largest beat in five years. The stock earlie ...