On the downsideJohn Bovenzi, the chief operating officer of the Federal Deposit Insurance Corp., has taken over IndyMac (NYSE: IMB) as its new CEO. The financial services company collapsed after depositors made a run on the bank last week.
In the broad market, advancing issues outpaced decliners by a slim margin on the NYSE, but were outpaced by a margin of nearly 5 to 4 on Nasdaq. The
Russell 2000 which tracks small cap stocks lost 4 points to 669.