Stocks Lose Momentum

By Kevin Spak,  Newser Staff
Posted Mar 11, 2009 8:49 AM CDT
Stocks Lose Momentum
Joseph Mastrolia, left, of LaBranche & Co. and Todd Ingrilli of ICAP Corp. work on the floor of the New York Stock Exchange, Monday, March 9, 2009, in New York.   (AP Photo/Henny Ray Abrams)

Stocks fell ever so slightly at today's open, defying futures that had shown yesterday’s big rally continuing. The Dow inched down 20 points, while the S&P and Nasdaq were essentially flat. But financials were still moving and shaking, with Citigroup adding 13% and Bank of America up 5%, driven by Citi’s declaration yesterday that it was profitable for January and February. (More stock market stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X