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Friday's Financial Winners & Losers

Stock quotes in this article: MER , SCA , FHN , FITB , CNC , MCO , MA , OXPS  

Updated from 2:44 p.m. EST with new stock prices

Financial-stock traders were generally staying on the sidelines Friday as the trampled sector offered up a mixed bag of news.

The NYSE Financial Sector Index was recently off 133.17 points, or 1.8%, to 7,464.53, and the Amex Securities Broker-Dealer Index shed 0.9% to 194.74.

Helping to weigh on both sector trackers was Merrill Lynch (MER Quote), which lost 2.7% to $52.19. The Wall Street Journal reported that the Justice Department has tapped the Securities and Exchange Commission for information it's collecting on Merrill, which stands as one of the most aggrieved brokerage giants from the still-ongoing subprime mess. ...

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