Morgan Stanley is set to report second-quarter earnings before the opening bell on Wednesday, with investors closely watching for signs of continued strength in its capital markets divisions.

The bank is expected to benefit from higher trading and investment banking revenue, mirroring the positive trends recently demonstrated by rivals JPMorgan Chase and Goldman Sachs.

This report arrives as part of a critical batch of second-quarter earnings from major US financial institutions.

JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs are all scheduled to release their results before the US market open on Tuesday, providing a comprehensive view of the sector's performance amid current market conditions.

The focus on trading and investment banking revenue reflects broader market dynamics, including volatility and deal activity that have supported these business lines.

Analysts will be scrutinizing the results for insights into how Morgan Stanley is navigating the current environment compared to its peers.