Shares of Morgan Stanley MS, -0.70% slumped 0.70% to $103.94 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.16% rising 0.16% to 4,468.00 and the Dow Jones Industrial Average DJIA, +0.04% rising 0.04% to 35,515.38. The stock’s fall snapped a six-day winning streak. Morgan Stanley closed $0.78 short of its 52-week high ($104.72), which the company reached on August 12th.
Despite its losses, the stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. JPM, -1.12% fell 1.12% to $159.98, Bank of America Corp. BAC, -1.23% fell 1.23% to $41.63, and Citigroup Inc. C, -1.38% fell 1.38% to $73.11.true Trading volume (8.3 M) remained 990,419 below its 50-day average volume of 9.3 M.