U.S. Equity Movers Final
By Ashley Gross
New York, Feb. 18 (Bloomberg) -- The following is a list of
companies whose shares moved in U.S. markets Friday, Feb. 18. The stock symbol is in parentheses after the company name.
Financial stocks: The shares in financial-service companies fell because rising interest rates lower the value of their bond portfolios. They also make borrowing more expensive for customers, which can reduce banks' profits.
American Express Co. (AXP) fell 9 15/16, or 6.7 percent, to 138. General Electric Co. (GE) fell 5 7/8, or 4.5 percent, to 125 1/8. Its GE Capital unit is the world's largest non-bank finance company. J.P. Morgan & Co. (JPM) fell 3 1/2, or 3.1 percent, to 109 3/8. Wells Fargo Co. (WFC) fell 1 7/16, or 4.1 percent, to 33 1/2. Bank One Corp. (ONE) fell 1 5/16, or 5.1 percent, to 24 1/4. Mellon Financial Corp. (MEL) fell 1 1/8, or 3.7 percent, to 29 11/16. State Street Corp. (STT) fell 3 5/8, or 4.7 percent, to 74 1/16. |
