Bank Stocks

Bank stocks steady as consumer spending, trading revenue and loan growth offset rate and credit worries in a key earnings-season test.

Morgan Stanley stock falls as strong Q3 revenue and wealth inflows are weighed against higher costs, credit provisions and market caution.

FTSE 100 rises to a three-week high as bank stocks, softer gilts and resilient defensives offset global technology pressure.

Semiconductor shares fall as Wall Street balances strong bank earnings, AI valuation risk and the next US inflation test.