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Bank of America, Morgan Stanley Earnings Prop Up Wall Street
Schaeffers Investment Research·2025-10-16 00:16

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 164.92,afterthebankreportedadjustedthirdquarterearningsof164.92, after the bank reported adjusted third-quarter earnings of 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 ...