
Markets were up Wednesday. The Dow climbed 129.59 points to 6,855.61, the S&P 500 gained 13.31 points to 709.64, and the
Nasdaq climbed 31.20 points to 1,352.21. Financial stocks were mixed.
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Bank of America Corp.'s (NYSE:BAC) stock is slightly up even though the bank had its
credit rating lowered to A from A+ by Standard
& Poor's. Citigroup Inc.'s (NYSE:C) stock is slightly down. The bank will allow some newly unemployed homeowners to
temporarily reduce payments on their mortgages. U.S. Bancorp's (NYSE: USB) stock sunk on news that the bank
slashed its quarterly dividend 88% to 5 cents a share. J.P. Morgan & Chase Co.'s (NYSE:JPM) stock is down. British investment bank J.P. Morgan
Cazenove, the joint venture between British broker Cazenove
and J.P. Morgan, posted a 15% fall in full-year pretax profit.
- Maria Woehr
Troubled Wall Street
Prices at 12:00pm EST |
| Name |
Price at
open |
Price
at 12:00pm |
Change |
Mkt cap |
| J.P. Morgan Chase & Co. |
21.74 |
19.67 |
-1.34 |
73424.18 |
| Goldman Sachs Group Inc. |
84.9 |
84.79 |
2.42 |
39154.70 |
| Morgan Stanley |
18.85 |
19.49 |
1.31 |
20941.96 |
| Citigroup Inc. |
1.3 |
1.20 |
-0.02 |
6571.46 |
| Fannie Mae |
0.42 |
0.41 |
0.03 |
444.46 |
| Freddie Mac |
0.41 |
0.41 |
0.02 |
265.34 |
| Bank of America Corp. |
3.38 |
3.72 |
0.08 |
23813.16 |
| Wells Fargo & Co. |
11.32 |
9.95 |
-0.72 |
42165.88 |
| American International Group Inc. |
0.495 |
0.45 |
0.02 |
1210.84 |
| Fifth Third Bancorp |
1.97 |
1.76 |
0.09 |
1016.16 |
| Capital One Financial Corp. |
10.79 |
9.98 |
-0.22 |
3910.44 |
| SunTrust Banks Inc. |
11.25 |
10.76 |
-0.09 |
3837.90 |
| U.S. Bancorp |
13.15 |
11.29 |
-1.29 |
19815.57 |
| Regions Financial Corp. |
3.6 |
3.43 |
0.00 |
2382.59 |
| KeyCorp |
6.75 |
6.27 |
-0.19 |
3101.80 |
| PNC Financial Services |
25.53 |
23.55 |
-1.27 |
10463.56 |
| BB&T Corp. |
15.69 |
15.02 |
-0.30 |
8400.66 |
| Bank of New York Mellon Corp. |
22.9 |
22.13 |
-0.08 |
25427.10 |
| State Street Corp. |
22.49 |
22.07 |
0.26 |
9533.48 |
Source: The Deal |