Small-Cap Shares Shine as Most Big Tech Stocks Retreat

view original post

Good morning. Shares of smaller firms hit the highest level in almost three years. Still, Morgan Stanley came through with a surge in its stock after a solid earnings report. And if you’ve dreamt about a move to a villa in Dubai, start planning now. Listen to the day’s top stories.

Note to readers: Welcome to our new Morning Briefing newsletter. As a previous subscriber to the Bloomberg Open and Bloomberg Close, you’ll now be receiving our new flagship morning and evening offerings that bring you the most important news and analysis of the day. Manage your newsletter preferences anytime at Bloomberg.com/newsletters.