Stocks sagged Thursday. The Dow was down 12.50 at 8,811.84, the S&P 500 decreased 0.38 to 904.04, and the
Nasdaq fell 2.23 points to1,577.08. Financial stocks were mixed.
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Morgan Stanley is still in the green even after analysts trimmed
their profit view of the bank in 2009. Wednesday the bank announced a $2.37 billion quarterly loss. American International Group Inc. was slightly down. Reports are that Sun Life Financial may acquire some assets from the insurer. BB&T Corp.'s stock is down. CEO John Allison
will retire quietly at the end of this month. The bank's board of directors also announced
the 2009 first quarter dividend of 47 cents per share.
- Maria Woehr
Troubled Wall Street
Prices at 10:00am EST |
| Name |
Price at
open |
Price
at 10 am |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
32.16 |
31.39 |
-0.47 |
117158.70 |
| Merrill Lynch & Co. |
12.66 |
12.49 |
-0.06 |
19980.65 |
| Goldman Sachs Group Inc. |
79.67 |
79.26 |
0.48 |
31342.72 |
| Morgan Stanley |
16.82 |
17.13 |
0.63 |
18191.77 |
| Citigroup Inc. |
8 |
7.84 |
0.01 |
42724.39 |
| Fannie Mae |
0.7094 |
0.68 |
-0.01 |
734.94 |
| Freddie Mac |
0.699 |
0.68 |
-0.03 |
440.07 |
| Bank of America Corp. |
14.85 |
14.71 |
0.09 |
73808.59 |
| Wachovia Corp. |
5.96 |
6.05 |
0.17 |
13073.55 |
| Wells Fargo & Co. |
30.17 |
30.77 |
0.79 |
102317.76 |
| American International Group Inc. |
1.75 |
1.72 |
-0.03 |
4626.69 |
| Sovereign Bancorp Inc. |
3.01 |
2.99 |
-0.03 |
1985.19 |
| National City Corp. |
1.73 |
1.77 |
-0.01 |
3603.84 |
| Fifth Third Bancorp |
7.58 |
7.60 |
0.09 |
4388.52 |
| Capital One Financial Corp. |
29.72 |
29.50 |
0.03 |
11553.92 |
| SunTrust Banks Inc. |
29.19 |
29.31 |
-0.06 |
10378.94 |
| U.S. Bancorp |
25.3 |
25.26 |
0.06 |
44320.64 |
| Regions Financial Corp. |
8.88 |
8.77 |
0.00 |
6068.45 |
| KeyCorp |
8.24 |
8.30 |
-0.03 |
4108.56 |
| PNC Financial Services |
46.45 |
45.98 |
0.00 |
16007.55 |
| BB&T Corp. |
29.29 |
29.62 |
-0.62 |
16364.68 |
| Bank of New York Mellon Corp. |
28.21 |
27.36 |
-0.64 |
31397.42 |
| State Street Corp. |
41.24 |
40.81 |
0.50 |
17628.00 |
Source: The Deal |