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Sunday, November 8, 
5:59 am

Bank Watch: Bailout passes; market jumps around

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The House of Representatives passed the Economic Bailout Bill, 263-171. The market jumped about 200 points before the House started voting. With voting underway, the market went up another 100 points, and then those 100 points slid away as the bailout bill passed. The Dow is up 74 points, the Nasdaq up 24 and S&P up 13. - Maria Woehr

Troubled Wall Street
Prices at 1:30 pm EDT
Name Price at
open
Price
at 1:30pm
Change Mkt cap
J.P. Morgan Chase & Co. 50.31 50.00 0.22 171.85B
Merrill Lynch & Co. 28.00 28.89 1.43 43.91B
Goldman Sachs Group Inc. 132.87 138.52 6.98 55.18B
Morgan Stanley 24.41 25.25 2.04 28.51B
Citigroup Inc. 22.50 19.92 -2.58 109.56B
Fannie Mae 1.70 1.58 0.02 1.75B
Freddie Mac 1.84 1.73 -0.08 1.20B
Bank of America Corp. 37.45 37.59 1.08 173.56B
Wachovia Corp. 6.93 2.78 2.74 14.46B
Wells Fargo & Co. 38.00 37.65 2.42 125.41B
American International Group Inc. 4.56 4.61 0.60 12.13B
Source: The Deal

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