• Dow -36.18 at 12253.96, Nasdaq +0.97 at 2770.16, S&P -1.95 at 1312.60

Market news

2 June 2011

Dow -36.18 at 12253.96, Nasdaq +0.97 at 2770.16, S&P -1.95 at 1312.60

All three major averages were briefly trading in positive territory before the Dow and S&P slipped back below the falt line.
Financials are among the top performing sectors in the S&P 500 today, trading higher by 0.4%.
Goldman Sachs (GS 134.55, -1.62) remains in negative territory, but is well off its worst levels of the day.
Also out this morning was a note from Moody’s saying Bank of America (BAC 11.31, +0.07), Wells Fargo (WFC 27.15, +0.21), and Citigroup (C 40.08, +0.43) were placed on review for a possible downgrade.  

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