WEDNESDAY,JULY19,2023~VOL.CCLXXXIINO.15WSJ.comHHHH$5.00DJIA34951.93À366.581.06%NASDAQ14353.64À0.8%STOXX600460.76À0.6%10-YR.TREAS.À2/32,yield3.788%OIL$75.75À$1.60GOLD$1,977.20À$24.80EURO$1.1230YEN138.83MorganStanleysaidsec-ond-quarterprofitfell13%fromayearearlier,drivenbya22%declineintradingrev-enue,whileinvestment-bankingfeeswereaboutflatafterfallingsharplyinrecentquarters.BofA,meanwhile,reportedhigherearnings.A1AmericansboostedtheirretailspendinginJuneforthethirdstraightmonth,asignofconsumers’continuedresil-ienceamideasinginflationandastronglabormarket.A2MicrosoftwillreleaseanewversionofMeta’sAIlanguagemodelinapartnershipbe-tweenthetechgian...