It was a mixed day for stocks, with the Dow ending down 27.24 points at 8,742.46, the S&P 500 up 3.08 at 909.73 and the Nasdaq gaining 17.95 points to end the day at 1,617.01. Financial stocks were mixed.
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Citigroup Inc. ended the day up. Senate Democrats
reached an agreement with Citigroup that would allow bankruptcy judges to modify mortgages that were set up prior to the enactment of the bill, eliminate some mortgage debt and help reduce foreclosures. Bank of America Corp.'s shares were down. Merill Lynch & Co.'s co-head of
European markets, Brent Clapacs, is
resigning after Merrill's merger with Bank of America. He joins Merrill's
former brokerage head Bob McCann, general counsel Rosemary Berkery and vice chairman Jeff Edwards. Regions Financial Corp.'s stock was also down. The bank
announced several position
changes, including the promotion of Bill Ritter, son of CEO Dowd Ritter, to senior executive
vice president and president of the central region.
- Maria Woeher
Troubled Wall Street
Prices at approximately 4:30 pm EST |
| Name |
Price at
open |
Price
at 4:30 pm |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
27.9 |
27.22 |
-0.87 |
101594.77 |
| Goldman Sachs Group Inc. |
83.52 |
85.41 |
0.91 |
33774.69 |
| Morgan Stanley |
17.9 |
18.82 |
0.72 |
19986.52 |
| Citigroup Inc. |
7.1 |
7.16 |
0.01 |
39018.70 |
| Fannie Mae |
0.74 |
0.79 |
0.04 |
850.20 |
| Freddie Mac |
0.75 |
0.78 |
0.03 |
504.78 |
| Bank of America Corp. |
13.82 |
13.54 |
-0.17 |
67938.02 |
| Wells Fargo & Co. |
25.36 |
25.72 |
-0.15 |
85525.28 |
| American International Group Inc. |
1.65 |
1.65 |
0.01 |
4438.40 |
| Sovereign Bancorp Inc. |
2.99 |
3.03 |
0.03 |
2011.74 |
| Fifth Third Bancorp |
7.95 |
8.06 |
0.13 |
4654.14 |
| Capital One Financial Corp. |
31.07 |
30.93 |
-0.75 |
12113.99 |
| SunTrust Banks Inc. |
27 |
27.16 |
0.48 |
9617.61 |
| U.S. Bancorp |
23.25 |
23.16 |
-0.21 |
40636.03 |
| Regions Financial Corp. |
7.85 |
7.79 |
-0.12 |
5390.34 |
| KeyCorp |
7.9 |
8.03 |
0.08 |
3974.91 |
| PNC Financial Services |
48.49 |
48.95 |
0.64 |
17041.53 |
| BB&T Corp. |
23.16 |
23.50 |
0.21 |
12983.46 |
| Bank of New York Mellon Corp. |
26.4 |
26.38 |
-0.40 |
30272.80 |
| State Street Corp. |
41.83 |
43.22 |
1.00 |
18669.01 |
Source: The Deal |
