Stocks Lose Momentum

By Kevin Spak,  Newser Staff
Posted Mar 11, 2009 8:49 AM CDT
Joseph Mastrolia, left, of LaBranche & Co. and Todd Ingrilli of ICAP Corp. work on the floor of the New York Stock Exchange, Monday, March 9, 2009, in New York.   (AP Photo/Henny Ray Abrams)
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(Newser) – Stocks fell ever so slightly at today's open, defying futures that had shown yesterday’s big rally continuing. The Dow inched down 20 points, while the S&P and Nasdaq were essentially flat. But financials were still moving and shaking, with Citigroup adding 13% and Bank of America up 5%, driven by Citi’s declaration yesterday that it was profitable for January and February.