Stocks opened lower on Wednesday post-elections with banks taking a hit. The Dow was down 80.76 points at 9,544.52, the S&P 500 was down 5.25 points at 1,000.50, and the Nasdaq was down 16.03 points at 1,764.09.
Continue reading below
Banks took a hit as reports indicated that many banks including J.P. Morgan Chase & Co., Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley are preparing for
layoffs.
- Maria Woehr
Troubled Wall Street
Prices at 10:30am EST |
| Name |
Price at
open |
Price
at 10:30am |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
41.75 |
42.35 |
0.18 |
157.83B |
| Merrill Lynch & Co. |
19.46 |
19.49 |
-0.50 |
31.18B |
| Goldman Sachs Group Inc. |
92.75 |
93.70 |
-1.30 |
37.05B |
| Morgan Stanley |
18.85 |
18.94 |
0.04 |
20.11B |
| Citigroup Inc. |
14.42 |
14.20 |
-0.48 |
77.38B |
| Fannie Mae |
0.92 |
0.88 |
-0.02 |
941.44M |
| Freddie Mac |
1.05 |
1.01 |
-0.04 |
653.49M |
| Bank of America Corp. |
24.11 |
24.00 |
-0.53 |
120.40B |
| Wachovia Corp. |
6.74 |
6.69 |
-0.06 |
14.45B |
| Wells Fargo & Co. |
34.63 |
34.77 |
-0.34 |
115.61B |
| American International Group Inc. |
2.36 |
2.23 |
-0.18 |
5.99B |
| Sovereign Bancorp Inc. |
3 |
3.06 |
0.00 |
2.03B |
| National City Corp. |
2.66 |
2.71 |
0.00 |
5.51B |
| Fifth Third Bancorp |
12.26 |
12.70 |
0.35 |
7.33B |
| Capital One Financial Corp. |
41.62 |
40.97 |
-1.85 |
15.93B |
| SunTrust Banks Inc. |
42.6 |
42.91 |
-0.17 |
15.18B |
| U.S. Bancorp |
31.67 |
31.50 |
-0.70 |
55.25B |
| Regions Financial Corp. |
12.89 |
12.84 |
0.33 |
8.88B |
| KeyCorp |
13.23 |
13.35 |
-0.24 |
6.60B |
| PNC Financial Services |
71.62 |
72.71 |
0.08 |
25.30B |
| BB&T Corp. |
35.7 |
36.04 |
-0.11 |
19.80B |
| Bank of New York Mellon Corp. |
33.5 |
34.35 |
-0.07 |
39.41B |
| State Street Corp. |
45.46 |
47.22 |
0.96 |
20.37B |
Source: The Deal |
