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NYSE COMPOSITE INDX
December 19, 2008 at 10:36 AM EST
Sector surrenders early gains, S&P cuts hit
U.S. financial stocks surrender short-lived opening gains as investors digest a wide ranging banking sector credit downgrade from Standard & Poorâs, which paints a bleak short term outlook for the financially strapped industry worldwide.
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BANK OF AMERICA CORP.
CREDIT SUISSE GROUP
FINANCIAL SEL SECT SPDR FD
GOLDMAN SACHS GROUP, Inc.
JPMORGAN CHASE & CO.
M&T BANK CORP.
THE ROYAL BANK OF SCOTLAND GROUP PLC
WELLS FARGO & CO.
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