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Updated from 2:33 p.m. EDT
Financial stocks were mired far under the wobbly broad indices Wednesday, as the recent tribulations of American Home Mortgage (AHM Quote) continued to bog down the sector's mood.
Shares of AHM recovered marginally from yesterday's roughly 90% nosedive, rising 42.3%, but other names, such as MasterCard (MA Quote), were hit hard regardless of positive news.
The credit-card issuer plunged 6.7% in heavy trading despite topping Wall Street's expectations with second-quarter income of $1.43 a share. Analysts polled by Thomson Financial had sought only $1.33 a share, but MasterCard stock closed down $10.80 to $150. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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