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Life Diversity

Diversify Your Life, Investments, & Business

Morgan Stanely has posted the first loss in 75 years

19-12-07

Morgan Stanely has posted the first loss in 75 years. This was caused by writing down $9 billion in real estate debt. Credit and mortgage concerns held markets to only modest gains. The Dow Jones Industrial Average was up 28.78 points up .22 percent with an hour left in trading. The NASDAQ was up 10.22 points up .39 percent. Stocks are mixed today with Disney down 2 percent and JPM up .50 percent.

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