BlackRock (BLK) reported third quarter earnings that surpassed investor expectations, propelling its stock higher on Friday. The investment giant posted record assets under management (AUM) for the quarter, reaching $11.5 trillion.

Morning Brief Anchors Brad Smith and Madison Mills breaks down the details of the earnings results.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Angel Smith