Morgan Stanley's Shopping Spree Sends Stock Markets Higher; Domino's Gets Cooked
Stocks continued to press higher on Thursday, lifted by optimism among market participants. One of the big laggards in 2020 has been the financial sector, but that hasn't stopped Morgan Stanley (NYSE: MS) from making a big play to expand its business this year, and its latest deal sent a prominent money manager's stock soaring. Meanwhile, Domino's Pizza (NYSE: DPZ) has been a favorite among consumer stocks, but its share price moved lower after it reported earnings that didn't live up to expectations.
