Why Morgan Stanley (MS) Stock Is Falling
Portfolio Pulse from Henry Khederian
Morgan Stanley's stock is trading lower due to concerns about future rate hikes following the FOMC statement and lower-than-expected initial jobless claims data. The bank's profitability could be affected by higher borrowing costs and a compression of the net interest margin. The Federal Reserve maintained the federal funds rate within the 5.25% to 5.5% range at its September meeting.

September 21, 2023 | 6:48 pm
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Morgan Stanley's stock is trading lower due to concerns about future rate hikes. The bank's profitability could be affected by higher borrowing costs and a compression of the net interest margin.
Morgan Stanley's stock is trading lower due to concerns about future rate hikes following the FOMC statement. As a financial institution, Morgan Stanley is sensitive to changes in interest rates. Higher borrowing costs and a compression of the net interest margin could affect the bank's profitability.
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