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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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