NEW YORK - Shares of investment banks fell early Wednesday morning after Morgan Stanley said its fiscal second-quarter earnings tumbled 61 percent due to continued deterioration of the credit and mortgage markets.
Here's a look at how investment banks fared Wednesday morning:
Morgan Stanley fell $2.29, or 5.6 percent, to $38.30.
Goldman Sachs Group Inc. rose $1.35 to $180.79.
Lehman Brothers Holdings Inc. fell 79 cents, or 3.1 percent, to $22.35.
Merrill Lynch & Co. fell $1.71, or 4.5 percent, to $36.21.

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