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Morgan Stanley's earnings rise 66% on strong trading revenue

Morgan Stanley's second-quarter net income rose 66%, beating analyst estimates, as the investment bank bounced back from a slump in trading revenue a year earlier

Morgan Stanley's second-quarter net income rose 66%, beating analyst estimates, as the investment bank bounced back from a slump in trading revenue a year earlier.

Shares rose 5.3% to $27.94 in recent premarket trading.

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