Updated with closing share prices, additional information on analyst cutting earnings estimates for Goldman Sachs and Morgan Stanley, and the rise in Blackstone shares.NEW YORK ( TheStreet) -- Financial stocks ended slightly higher Thursday following yesterday's big market-wide rally that carried the Dow Jones Industrial Average past the 10,000 mark. JPMorgan Chase ( JPM) will kick off earnings season for the big banks a week from now, and a positive outlook from State Street ( STT) fueled investor optimism about the numbers on Wednesday, sending JPMorgan and other big banks like Bank of America ( BAC) and Wells Fargo ( WFC) all up more than 5%. On Thursday, the action wasn't quite so dramatic, with JPMorgan's stock slipping a penny to $38.16; Bank of America shares up 15 cents to $14.86; and Wells Fargo's stock off two cents to $26.64, and Citigroup ( C) shares adding seven cents to close at $3.97. High profile bank analyst Meredith Whitney became the latest analyst to cut second quarter estimates on Goldman Sachs ( GS) and Morgan Stanley ( MS). Goldman's stock fell 37 cents to $135.02, but Morgan Stanley's stock shrugged off the report, and rose 25 cents to finish at $24.20. Wells Fargo was also in the headlines, as the San Francisco-based bank said after Wednesday's closing bell that it plans to cut nearly 4,000 jobs as it restructures its consumer finance operations and stops originating mortgages for customers with poor credit.
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