Risk-off sentiment pushes Morgan Stanley to 3.25% loss Friday

Published: March 19 2023, 15:51 GMT+0

Risk-off sentiment pushes Morgan Stanley to 3.25% loss Friday

A quick look at Friday: during Friday's session, Morgan Stanley toiled and struggled for upward momentum before closing at $84.18. By the close, the the financial services company suffered a $2.82 or 3.25% loss.

Morgan Stanley was not the only decliner in the financials sector; HSBC Holdings drops 4.09% Friday to close at $34.49. Berkshire Hathaway falls 2.81% Friday to close at $302. JP Morgan Chase lost 3.78% Friday and closed at $125.81.

Pointing downwards for around 30 days. Approximately a month ago, the banking company reached a significant high of $100.83 but has struggled to hold onto its gains and declined 13.71% since then.

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