Wednesday, August 5, 2009

Today, the stocks rode lower but bank stocks finished above, Bank of America (BAC) finished up $1.02 (6.52%) closing at $16.66 a share. This comes after a $33 million settlement was paid to the SEC. Citibank (C) soared 0.33 (10.15%) closing at $3.58 a share. The DOW Jones Ind. and Nasdaq were down today less then a 1%.

Gold is still riding in the high $900's and has been steady in rising value. The dollar weakens and oil rises.