Wall Street’s Trading Boom Just Got a New Leader: Can Morgan Stanley (MS) Keep It?
Reported by Yahoo Finance · finance.yahoo.com · July 28, 2026
Wall Street just delivered one of its most impressive earnings weeks in history, with the five largest US banks reporting a combined net income of around $49 billion in the second quarter of 2026, up 39% year-over-year, and combined trading revenue close to $39 billion. Global investment banking income managed to reach $61.4 billion in […]
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What to watch: This report cites a concrete figure (39%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $MS -0.06%
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