Financial stocks were having a mixed session Tuesday as
Chairman Ben Bernanke and Treasury Secretary Henry Paulson took questions in Washington about the government's plan for stabilizing the markets and the economy.
The Amex Securities Broker/Dealer index was up 0.9%, while the NYSE Financial Sector index was off 0.1%. The KBW Bank index was down 1.3%.
were both on the winning side and gaining more than 3%.
was having an even better day, adding 4.7%.
rose nearly 9% after saying its board would suspend its quarterly common stock dividends.
As for the losers,
( MER) was dropping 4%, and
was weaker by 2.1%.
was little changed, and
edged down 1%.
was even weaker, surrendering 7%.
This article was written by a staff member of TheStreet.com.