BAC drops below $5; rest of market recovers


Monday's Index Wrap-up

The Dow Jones Industrial Average ($DJI) ended the day on Monday with a loss of 100.13 points, or 0.84%, and closed at 11,766.26. Only Merck (MRK) (+0.61%), Pfizer (PFE) (+0.52%), and Caterpillar (CAT) (+0.06%) came out ahead. The weakest were the financials. Bank of America (BAC) fell 4.22%, while JP Morgan (JPM) fell 3.73%.

The S&P 500 ($SPX) finished the session with a loss of 14.31 points, or 1.17%, and closed at 1,205.35. The strongest individual percentage performers in the index were Cerner Corp. (CERN) (+2.45%), Cablevision Sys. Corp. (CVC) (+1.96%), and DTE Energy Co. (DTE) (+1.54%). The weakest were Genworth Financial Inc. (GNW) (-8.15%), United States Stl. Corp. (X) (-7.81%), and Alpha Natural Resources (ANR) (-7.24%).

The Nasdaq Composite ($COMPX) ended the session lower by 32.19 points, or 1.26%, on Monday and it closed at 2,523.14. The top index components in the Nasdaq-100 ($NDX) were Cerner Corp. (CERN) (+2.45%), Sirius XM Radio (SIRI) (+2.26%), and Green Mountain Coffee Roasters (GMCR) (+1.57%). The weakest were First Solar (FSLR) (-4.42%), Micron Tech. (MU) (-4.22%), and Research In Motion (RIMM) (-4.09%).

S&P 500

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