Stocks rallied Thursday. The Dow increased 189.73 points to
9,180.69, the
S&P 500 climbed 24.00 points to 954.09, and the
Nasdaq
jumped 41.31 points to 1,698.52.
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Retailers and banks both had a mixed day.
Colgate-Palmolive Co.
shares shot up after the company announced it beat analyst estimates
for the third quarter, earning $499.9 million in the third quarter, up
from $420.1 million last year while Target Corp.'s shares dropped
5% after hedge fund manager
William Ackman
encouraged the retailer to spin off its real estate division. Most
financial institutions ended in the positive Thursday. Among those, American Express
Co. shares shot up 3% after the company announced plans to cut
7,000 jobs. - Maria Woehr
Troubled Wall Street
Prices at 4:30pm EST |
| Name |
Price at
open |
Price
at 4:30pm |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
36.89 |
37.62 |
1.91 |
140.20B |
| Merrill Lynch & Co. |
18.35 |
17.78 |
0.23 |
28.44B |
| Goldman Sachs Group Inc. |
101.16 |
91.11 |
-6.55 |
36.02B |
| Morgan Stanley |
15.74 |
16.09 |
1.33 |
17.08B |
| Citigroup Inc. |
13.47 |
13.11 |
0.36 |
71.44B |
| Fannie Mae |
1 |
0.95 |
0.06 |
1.02B |
| Freddie Mac |
1.19 |
1.09 |
0.01 |
705.25M |
| Bank of America Corp. |
23.31 |
22.78 |
0.46 |
114.28B |
| Wachovia Corp. |
6.17 |
5.91 |
-0.06 |
12.62B |
| Wells Fargo & Co. |
33.15 |
31.84 |
-0.27 |
105.74B |
| American International Group Inc. |
1.71 |
1.63 |
0.08 |
4.38B |
| Sovereign Bancorp Inc. |
2.75 |
2.76 |
0.29 |
1.83B |
| National City Corp. |
2.4 |
2.40 |
0.09 |
4.88B |
| Fifth Third Bancorp |
11.31 |
10.16 |
-0.61 |
5.86B |
| Capital One Financial Corp. |
39 |
38.12 |
0.27 |
14.82B |
| SunTrust Banks Inc. |
39.54 |
37.90 |
-0.66 |
13.41B |
| U.S. Bancorp |
30.33 |
28.80 |
-0.23 |
50.51B |
| Regions Financial Corp. |
11.95 |
10.85 |
-0.51 |
7.50B |
| KeyCorp |
12.73 |
12.30 |
0.15 |
6.08B |
| PNC Financial Services |
65.79 |
64.47 |
1.57 |
22.43B |
| BB&T Corp. |
35.1 |
34.34 |
0.38 |
18.86B |
| Bank of New York Mellon Corp. |
31.71 |
31.52 |
1.25 |
36.17B |
| State Street Corp. |
43.57 |
42.44 |
1.47 |
18.31B |
Source: The Deal |