Stocks wavered earlier Thursday. The Dow fell 39.75 points to
8,242.91, the S&P 500 was down 2.25 points at
850.05, and the Nasdaq was down 18.22 points at 1,480.99.
Banks stocks were also mixed as the head of the
Senate Banking Committee, Sen. Christopher Dodd, encouraged banks involved in the $700 billion federal bailout to start lending to consumers and businesses.
Continue reading below
Fifth Third Bancorp's shares were up on news of on the appointment of
Ross J. Kari as its new chief financial officer. Shares of
CIT Group increased after it applied to be a bank holding company.
Citigroup Inc. is down on reports that the bank is in talks to buy Chevy Chase Bank and chairman Win Bischoff may be replaced.
- Maria Woehr
Troubled Wall Street
Prices at 12:00pm EST |
| Name |
Price at
open |
Price
at 9:30am |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
34.65 |
34.91 |
0.34 |
130.29B |
| Merrill Lynch & Co. |
13.54 |
12.75 |
-0.60 |
20.39B |
| Goldman Sachs Group Inc. |
67.79 |
63.60 |
-3.19 |
25.15B |
| Morgan Stanley |
12.34 |
11.40 |
-0.54 |
12.10B |
| Citigroup Inc. |
9.79 |
8.90 |
-0.74 |
48.50B |
| Fannie Mae |
0.66 |
0.62 |
-0.06 |
667.25M |
| Freddie Mac |
0.77 |
0.74 |
-0.01 |
478.92M |
| Bank of America Corp. |
17.16 |
16.19 |
-0.81 |
81.22B |
| Wachovia Corp. |
5.27 |
5.21 |
0.04 |
11.25B |
| Wells Fargo & Co. |
27.51 |
27.16 |
-0.14 |
90.31B |
| American International Group Inc. |
2.11 |
2.06 |
0.03 |
5.54B |
| Sovereign Bancorp Inc. |
2.26 |
2.41 |
0.25 |
1.60 |
| National City Corp. |
2.2797 |
2.26 |
0.03 |
4.60B |
| Fifth Third Bancorp |
9.28 |
9.30 |
0.21 |
5.37B |
| Capital One Financial Corp. |
30.2 |
29.83 |
-0.21 |
11.68B |
| SunTrust Banks Inc. |
34.64 |
33.35 |
-0.67 |
11.80B |
| U.S. Bancorp |
25.46 |
25.56 |
0.39 |
44.84B |
| Regions Financial Corp. |
9.67 |
9.50 |
-0.14 |
6.57B |
| KeyCorp |
9.6 |
9.01 |
-0.60 |
4.46B |
| PNC Financial Services |
62.39 |
61.70 |
0.04 |
21.48B |
| BB&T Corp. |
28.97 |
28.02 |
-0.56 |
15.48B |
| Bank of New York Mellon Corp. |
29.4 |
29.75 |
0.56 |
34.14B |
| State Street Corp. |
40.14 |
38.69 |
-0.74 |
16.71B |
Source: The Deal |
