The markets swung up and down with the Dow ending up 401.35 at 8,979.26, the Nasdaq gaining 89.38 to 1,717.71 and the S&P 500 increasing 38.59 to 946.43.
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Even with earnings reports, most banks ended the day without losses. Merrill Lynch & Co. and Bank of New York Mellon Corp. both ended in the green. Citigroup Inc. and PNC Financial Services suffered losses after releasing earnings reports Thursday morning.
State Street Corp. is still suffering losses after reporting its third-quarter earnings Wednesday. Even though its net income rose, investors are concerned about unrealized losses since its mark-to-market losses grew, according to
Forbes.
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Maria Woehr
Troubled Wall Street
Prices at close |
| Name |
Price at
open |
Price
at close |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
39.02 |
40.49 |
2.00 |
139165.74 |
| Merrill Lynch & Co. |
18.66 |
18.35 |
0.11 |
28056.76 |
| Goldman Sachs Group Inc. |
115 |
112.40 |
-0.75 |
44447.66 |
| Morgan Stanley |
18.58 |
18.69 |
0.56 |
19848.46 |
| Citigroup Inc. |
16.01 |
15.90 |
-0.33 |
86581.75 |
| Fannie Mae |
1.04 |
1.01 |
0.01 |
1080.51 |
| Freddie Mac |
1.17 |
1.16 |
0.02 |
750.54 |
| Bank of America Corp. |
24.41 |
24.25 |
0.43 |
121663.57 |
| Wachovia Corp. |
6.19 |
6.45 |
0.39 |
13924.61 |
| Wells Fargo & Co. |
33.03 |
33.90 |
0.55 |
112173.80 |
| American International Group Inc. |
2.54 |
2.43 |
0.00 |
6533.87 |
| Sovereign Bancorp Inc. |
3.07 |
3.08 |
0.02 |
2041.25 |
| National City Corp. |
3.25 |
3.06 |
-0.13 |
6426.00 |
| Fifth Third Bancorp |
12.79 |
12.96 |
0.30 |
7484.78 |
| Capital One Financial Corp. |
38.15 |
38.70 |
0.94 |
16900.30 |
| SunTrust Banks Inc. |
44.57 |
44.63 |
0.63 |
15785.14 |
| U.S. Bancorp |
30.41 |
30.87 |
0.74 |
53777.17 |
| Regions Financial Corp. |
11.51 |
11.46 |
-0.21 |
7962.41 |
| KeyCorp |
10.43 |
10.55 |
0.14 |
5218.63 |
| PNC Financial Services |
60.37 |
61.40 |
-0.10 |
21274.93 |
| BB&T Corp. |
31.53 |
33.26 |
1.10 |
18276.03 |
| Bank of New York Mellon Corp. |
31.19 |
31.08 |
1.83 |
35619.86 |
| State Street Corp. |
47.74 |
45.09 |
-1.74 |
19467.51 |
Source: The Deal |
