Morgan Stanley (MS) is dropping sharply during pre-market trading. At 8:31 am ET the stock is trading at $17.98 down $0.71 from Thursday's close.
With the decline, the stock stands to open having reversed some recent gains.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.