US September CPI climbed 3.7% YoY above expectations; Morgan Stanley beat equity trading estimates by $9.1B, BofA profit dropped 17% with a $1.2B charge, and ASML shares surged on chip equipment order recovery. Inflation stickiness and earnings divergence remain central.
Morgan Stanley Pilots Crypto Trading on E*Trade Morgan Stanley is piloting crypto trading on E*Trade at a 50-basis-point fee, expanding its digital asset push weeks after launching a bitcoin ETF, Bloomberg reported.
Major Bank Expands Crypto Business Bloomberg reported that Morgan Stanley is piloting crypto trading on its E*Trade platform at just 50 basis points in fees. The move comes shortly after the firm launched a bitcoin ETF, signaling continued expansion into digital assets by traditional financial institutions.