Morgan Stanley Stock in Focus as Wealth Unit Probed by Regulators—Key Levels to Watch

Key TakeawaysMorgan Stanley shares dropped by more than 5% Thursday after reports that regulators were probing the investment bank's wealth arm.The probes center around how the bank vets prospective clients who are at high risk of money laundering.Monitor if the Morgan Stanley share price can hold above a zone of support situated between a horizontal trendline and the 200-day moving average located from $83 to $85. Morgan Stanley (MS) shares slipped more than 5% Thursday after The Wall Street Journal report ...