Financials on the Rebound Early Morning
Posted on Mon 12th Nov, 2007 11:15:17 AM
Just a quick note for those watching the markets early on, some big Financial names are on the upswing today.
Washington Mutual (WM) is up $.87 or 4.19% to $21.37 and Goldman Sachs (GS) is up $7.17 or 3.50% to $218.54. Other names are following the lead with American Intl Group (AIG) and Morgan Stanley (MS) both up over 1%.
All of these companies have been sold off severely over the last month with the worst being Washington Mutual which is down from $35 in early October to just over $21 today.
As of this post the S&P 500 is down .15% already today while the NASDAQ Composite is up .46%.
More on this topic
(What's this?)
Goldman Sachs (NYSE: GS) Delivers for Shareholders
(Jutia Group, 11/19/09)
Goldman Ire Moving to Mainstream Media & TED Spread
(Charts and Coffee Blog, 11/20/09)
Why is Goldman allowed to game the system?
(naked capitalism, 10/5/09)