Banks Rally, But Dow Falls 26

By Harry Kimball,  Newser Staff
Posted Apr 13, 2009 3:19 PM CDT
Banks Rally, But Dow Falls 26
A Bank of America branch office.   (AP Photo)

More bankruptcy rumblings from General Motors sent stocks down early today, but the blow was cushioned by good news from the financial sector, the Wall Street Journal reports. Citi and Bank of America had double-digit gains ahead of what are expected to be solid earnings reports. The Dow finished down 25.57 at 8,057.81; the Nasdaq rose 0.77, to 1,653.31; and the S&P 500 gained 2.17 to 858.73. (More stock market stories.)

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