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Headlines & Perspectives
Rally in Bank Stocks Doesn't Add Up
By
Laurie Kulikowski
07/24/08 - 06:59 AM EDT
The deteriorating credit situation, sliding profits and burgeoning loan loss provisions that banks are reporting in the second quarter hasn't stopped the stocks from going up.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |


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