U.S. stocks traded choppily on Thursday as worries over America's biggest banks drove the bank stock index to a 17-year low, as well as sending
Bank of America
onto TheStreet.com's Top Ten Most Searched Stocks List.
Bank of America and Citigroup plunged as much as 12% on concerns about government plans to mop up bad assets from their books. The big question is whether they will pass Treasury Secretary Tim Geithner's "stress test".
var config = new Array(); config<BRACKET>"videoId"</BRACKET> = 13678768001; config<BRACKET>"playerTag"</BRACKET> = "TSCM Embedded Video Player"; config<BRACKET>"autoStart"</BRACKET> = false; config<BRACKET>"preloadBackColor"</BRACKET> = "#FFFFFF"; config<BRACKET>"useOverlayMenu"</BRACKET> = "false"; config<BRACKET>"width"</BRACKET> = 265; config<BRACKET>"height"</BRACKET> = 255; config<BRACKET>"playerId"</BRACKET> = 1243645856; createExperience(config, 8);
made the list after CEO Jeff Immelt announced yesterday he is declining his 2008 bonus as the company's stock price has dropped amid deteriorating economic conditions.
was heavily searched on Thursday after the company reported
profit for its first quarter.
And oil giant
made the list. BP and Nasdaq listed
announced a new joint venture to produce cellulosic ethanol on a commercial scale by 2012.
makes the list again. The nation's largest retailer continues to benefit from
consumers trading down
jumps onto the most searched stocks list after Lenny Dykstra discussed the stock in his Nails on the Numbers column.
And Cramer was bullish on
last night in his Mad Money lightning round. That hoisted the steelmaker onto the list.
was a popular search candidate as investors wait to see how Congress will react to its latest request for additional funds.
Before joining TheStreet.com, Gregg Greenberg was a writer and segment producer for CNBC's Closing Bell. He previously worked at FleetBoston and Lehman Brothers in their Private Client Services divisions, covering high net-worth individuals and midsize hedge funds. Greenberg attended New York University's School of Business and Economic Reporting. He also has an M.B.A. from Cornell University's Johnson School of Business, and a B.A. in history from Amherst College.