Bank Stocks Sink On Cyprus Scare; How To Get Defensive
Morgan Stanley was leading the laggards among financial stocks in midday trading. Shares of Morgan Stanley (MS) were down nearly 3%, while the Standard & Poor’s 500 Index and the Dow Jones Industrial Average were off less than 1%. Citigroup (C) stock fell more than 2%. Shares of JPMorgan (JPM) slid about 1% but shares of [...]
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