... �. * Jobless claims rise less than expected, Philly Fed jumps. * Google, IBM shares fall a day after posting earnings. * Morgan Stanley rallies after results.
(Reuters) - Investment banks Morgan Stanley and Goldman Sachs Group Inc posted better-than-expected quarterly earnings on Thursday, helped by gains in merger advisory and stock underwriting.
China's Weibo Corporation has announced that its initial public offering has raised just $286 million, substantially lower than anticipated.
Mortgage rates have fallen as the spring home-buying season begins, with Freddie Mac pegging the average 30-year fixed loan at 4.27% this week, the lowest it has been since early February.
NEW YORK (Reuters) - The U.S. dollar slipped against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen said low interest rates are needed to support the U.S.