Financial stocks were slammed Wednesday. Overall, the Dow plummeted 245.40 points to 8,769.70, the
S&P 500 fell 28.05 points to 906.65, and the
Nasdaq slipped 53.32 points to 1,599.06.
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Wells Fargo & Co. stock was down. The bank named Robert Engel and Jonathan Weiss
to oversee its investment banking and capital markets business. Goldman Sachs Group Inc. and Morgan Stanley stocks sank after Sanford Bernstein
cut their 2009 earnings outlook by 3%. J.P. Morgan Chase & Co.'s stock slipped after Oppenheimer analyst Meredith Whitney
predicted it will write down $3.4 billion in the fourth quarter.
- Maria Woehr
Troubled Wall Street
Prices at 4:00pm EST |
| Name |
Price at
open |
Price
at close |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
29.15 |
28.09 |
-1.79 |
104841.92 |
| Goldman Sachs Group Inc. |
86.91 |
84.50 |
-4.21 |
33414.83 |
| Morgan Stanley |
19.07 |
18.10 |
-1.48 |
19221.89 |
| Citigroup Inc. |
7.22 |
7.15 |
-0.31 |
38964.21 |
| Fannie Mae |
0.8098 |
0.75 |
-0.10 |
807.16 |
| Freddie Mac |
0.81 |
0.75 |
-0.11 |
485.37 |
| Bank of America Corp. |
14.02 |
13.71 |
-0.57 |
68791.01 |
| Wells Fargo & Co. |
27.08 |
25.87 |
-1.67 |
86024.07 |
| American International Group Inc. |
1.72 |
1.64 |
-0.10 |
4411.50 |
| Sovereign Bancorp Inc. |
3.08 |
3.00 |
-0.10 |
1991.83 |
| Fifth Third Bancorp |
8.24 |
7.93 |
-0.52 |
4579.08 |
| Capital One Financial Corp. |
33.01 |
31.68 |
-2.46 |
12407.73 |
| SunTrust Banks Inc. |
27.65 |
26.68 |
-1.62 |
9447.64 |
| U.S. Bancorp |
23.51 |
23.37 |
-0.38 |
41004.49 |
| Regions Financial Corp. |
8.55 |
7.91 |
-0.92 |
5473.37 |
| KeyCorp |
8.43 |
7.95 |
-0.74 |
3935.31 |
| PNC Financial Services |
48.16 |
48.31 |
-0.33 |
16818.72 |
| BB&T Corp. |
24.68 |
23.29 |
-1.92 |
12867.43 |
| Bank of New York Mellon Corp. |
27.05 |
26.78 |
-0.91 |
30731.83 |
| State Street Corp. |
42.99 |
42.22 |
-2.05 |
18237.06 |
Source: The Deal |
