Stock Market Trends: Financials Saving Dow for Once.
For once, the financials helped prop up the Dow and prevent it from further losses. Only eight of the 30 stocks in the Dow finished green today, with AIG (+5.8%) and BAC (+3.8%) leading the way. It could have been an ugly day with Merck (-6.2%) getting shelled after cholesterol drug Vytorin didn’t prevent worsening of heart disease or lessen the need for surgery.
Posted: July 21st, 2008 under Stock Market Trends.
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