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Led by Goldman Sacks GS the financials staged a late...




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Led by Goldman Sacks(GS), the financials staged a late rally Monday in a mixed day of trading. The Dow Jones Industrial Average dropped 25.57, or 0.32%, to 8,057.81, but the S&P 500 added 2.17, or 0.25%, to 858.73. The Nasdaq nudged up 0.77, or 0.55%, to 1,653.31. Melissa Lee, the moderator for CNBC's "Fast Money" TV show, devoted a lengthy opening segment to Goldman, which blew past the Street's estimates and announced a $5 billion stock offering that will be used to pay back TARP. Jeff Macke... read more

Published : 2 years, 10 months ago (Tue, 14 Apr 2009 03:36:49 PDT)
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