Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Morgan Stanley analyst Christopher Snyder maintained a Hold rating on Carrier Global (CARR – Research Report) today and set a price target of

Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

It's also a stunt just like that time Timothée Chalamet danced shirtless to “I Gotta Feeling” by the Black Eyed Peas in a dimly-lit warehouse, or when he re-created Dylan's iconic look from the 2003 Sundance Film Festival. It's silly. And in a slightly gloomy world, it's exactly the sort of content we like.

The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands include Cartier and Montblanc,

Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.

A report from Morgan Stanley and WatchCharts shows prices for watches of 35 prominent brands continued to decrease for the 11th consecutive quarter.

Aerospace and defence gained 2.1%, with Roll-Royce up 2.5% after Morgan Stanley increased its price target on the engineering firm. Thursday's gains added to the main indexes' more than 1% jump in the previous session,

European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.