Fed should shed bonds soon, keep hiking rates: Rosengren

The U.S. Federal Reserve should begin shedding its bond holdings soon but do so in a very gradual way that has little effect on its planned interest rate hikes, Boston Fed President Eric Rosengren said on Wednesday. The comments reinforced the central bank’s...

Morgan Stanley shares just did something interesting, and here’s why one trader is buying it

Morgan Stanley’s earnings beat Wednesday sent the stock rallying more than 2 percent, but the big bank’s run is far from done, according to Rich Ross. The Evercore ISI technician identified three technical reasons why “[Morgan Stanley] has further...

Morgan Stanley shares just did something interesting, and here’s why one trader is buying it

Morgan Stanley’s earnings beat Wednesday sent the stock rallying more than 2 percent, but the big bank’s run is far from done, according to Rich Ross. The Evercore ISI technician identified three technical reasons why “[Morgan Stanley] has further...