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Morgan Stanley, Citigroup, Plug Power: What to Watch in the Stock Market Today

Wall Avenue indexes opened higher amid a wave of earnings experiences, together with from main banks. Right here’s what what’s transferring in Thursday’s buying and selling.

  • Morgan Stanley


    MS 2.48%

    reported income development throughout virtually all of its main divisions, together with file advisory income.

  • Wells Fargo


    WFC -1.61%

    reported a 59% rise in profit within the third quarter, boosted by a launch of funds it had put aside for potential mortgage losses through the pandemic. Its income slipped 2% however nonetheless got here above analysts’ estimates.

  • Bank of America


    BAC 4.47%

    reported earnings per share that beat analysts’ estimates. The financial institution launched $1.1 billion of its reserve within the third quarter, citing asset high quality enhancements.

  • Citigroup


    C 0.77%

    posted a large beat on earnings per share and a 48% rise in web earnings. The financial institution’s CEO stated the restoration from the pandemic is driving company client confidence.

  • The Wall Avenue Journal reported that

    Boeing


    BA -1.96%

    is coping with a brand new defect on its 787 Dreamliner, the most recent in a sequence of manufacturing slip-ups which have delayed plane deliveries and drawn scrutiny.

  • Domino’s Pizza posted income and U.S. same-store gross sales that missed expectations.
  • UnitedHealth


    UNH 4.17%

    raised its full-year steering for earnings. It stated its income development was pushed by larger insurance coverage memberships.

  • A few of agriculture-equipment maker Deere‘s staff went on strike for larger pay.
  • Walgreens Boots Alliance


    WBA 7.43%

    posted a revenue leap and earnings per share that got here above Wall Avenue’s estimates.

  • Shares of

    United Parcel Service


    UPS 4.00%

    rose after an fairness analysis analyst at Stifel raised their worth goal and ranking on the inventory.

  • Gas-cell firm

    Plug Power


    PLUG -5.30%

    stated it could work with

    Airbus


    EADSY 0.15%

    to review the feasibility of bringing inexperienced hydrogen to plane and airports.

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A Plug Energy hydrogen supply truck.



Picture:

Plug Energy

Chart of the Day

Write to Anna Hirtenstein at anna.hirtenstein@wsj.com

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https://www.wsj.com/articles/morgan-stanley-citigroup-plug-power-what-to-watch-when-the-stock-market-opens-today-11634208979?mod=rss_markets_main | Morgan Stanley, Citigroup, Plug Energy: What to Watch within the Inventory Market Right this moment

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