IB, Trading to Support Morgan Stanley's (MS) Q2 Earnings

The performance of Morgan Stanley’s (MS) trading business (constituting a significant portion of its top line) is expected to have been decent in the second quarter of 2024, supported by increased client activity. Thus, the company’s trading numbers are likely to have provided some support to its quarterly results, slated to be announced before the opening bell on Jul 16.In the to-be-reported quarter, the likelihood of a soft landing of the U.S. economy, gradually cooling inflation and clarity on the intere ...