Japan's Nintendo said on Thursday it will release the Switch 2 console this year, unveiling a device that appears to closely follow the form and functionality established by its popular predecessor. The Kyoto-based gaming company did not release pricing for the new device and said it would provide more details at a Nintendo Direct event on April 2.

Nintendo said it would announce additional details about the console on April 2, 2025. In an accompanying press release, Nintendo said it would allow customers to test the Nintendo Switch 2 at events in New York, Los Angeles and Dallas in April, with other events planned across Europe, Asia and Australia through May.

Meanwhile, Morgan Stanley saw a significant boost from its trading business - exceeding expectations, as well.On Friday’s calendar, we have housing starts and industrial production.Related: Nintendo to unveil Switch successor in 2025In other business headlines,