Morgan Stanley (MS.N) has helped to lead the S&P 500 higher, jumping towards the top of the index after a surge in quarterly profits.
Earnings for the investment group jumped to $1.8 billion for the three months to the end of March, up from $1.1 billion a year earlier, helped by a near-doubling of revenue from its fixed income trading business.
That helped the stock jump 3% to $42.43. The S&P 500 was up nine points, or 0.4%, at 2,351.
The Dow Jones was meanwhile marginally in the red, down eight points at 20,515. IBM (IBM) weighed on the index, down 4.6% at $162.18 after posting a bigger-than-expected fall in revenue for the first quarter.