Click the chart to track Morgan Stanley's stock.
NEW YORK (CNNMoney) -- Stocks opened higher across the board this morning on news that European countries finally managed to agree on a new debt restructuring and bailout deal.
Financial stocks, including Morgan Stanley (MS, Fortune 500), Citigroup (C, Fortune 500), JPMorgan Chase (JPM, Fortune 500), Bank of America (BAC, Fortune 500) and Goldman Sachs (GS, Fortune 500), are the biggest beneficiaries this morning as they have the most direct exposure to the Old Continent's credit crisis.
Meanwhile, Visa (V, Fortune 500) reported earnings slightly above the expectations. Visa is not the typical financial company. Unlike all banks, it does not take on credit risk. Every time someone uses their debit or credit card, Visa is getting paid a percentage of the transaction -- a business model which is loved by Wall Street.
Taking into account the gradual move from cash only to a primarily electronic transaction economy, Visa has plenty of room to grow, and this is reflected in its price, which is hovering near all-time highs.
Another major earnings report this morning came from Exxon Mobil (XOM, Fortune 500). The oil giant reported a 41% increase in earnings, which was in line with Wall Street's expectations. Its shares gained slightly on the news. Exxon Mobil remains the U.S. company with the largest market capitalization, which is close to $400 billion.
These are some of the topics gathering interest on StockTwits Thursday:
lamonicabuzz: Thanks EU! $BAC $MS $C $GS $JPM all up sharply pre-market. Now they just need to get over that whole exposure to slowing U.S. economy thing.
ChicagoPhotoSho: What really boggles my mind is French banks are up 20% as they are taking billions in losses from Greek "haircut". $ES_F $SPY $XLF
Brysapp: $V not a huge beat, but one nonetheless. Dividend raise and stock repurchase and the stock trades down 2%.
ivanhoff: $V has long turned into institutions' fav financial stock - steady growth, dividend, no underwriting or credit risk, emerging mkt to conquer.
FeedTheBull: Exxon Mobil $XOM profit rose 41% in Q3, slightly ahead of estimates, as gains in oil prices and higher refining margins boosted results. #mkt
ppearlman: $XOM I still own this name LT &, correlated, its a global recovery play with a dividend. One i buy on weakness and sell calls on strength. 
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 32,627.97 | -234.33 | -0.71% |
| Nasdaq | 13,215.24 | 99.07 | 0.76% |
| S&P 500 | 3,913.10 | -2.36 | -0.06% |
| Treasuries | 1.73 | 0.00 | 0.12% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Ford Motor Co | 8.29 | 0.05 | 0.61% |
| Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
| Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
| General Electric Co | 13.00 | -0.16 | -1.22% |
| Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.88% | |
| 15 yr fixed | 3.20% | 3.23% | |
| 5/1 ARM | 3.84% | 3.88% | |
| 30 yr refi | 3.82% | 3.93% | |
| 15 yr refi | 3.20% | 3.23% |
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