It fell 2.3 percent.Morgan Stanley shares fell 3.8 percent even after its profit doubled in the fourth quarter. The bank's finance chief, Jonathan Pruzan, said Morgan Stanley will not increase its quarterly target for the business until it is clear that recent revenue trends were sustainable. How that plays out, I don't know if anybody knows ... but it's usually not a positive for the financials. stocks have mostly surged since Trump's election on bets that he would usher in an era of economic growth through fiscal stimulus. "You're getting some giveback to the areas that have really done well with the Trump election.

Source: The Star January 18, 2017 00:25 UTC