A Shareowner's Diary: The Stock Markets Today

Friday, April 16, 2010

The Stock Markets Today - april 16, 2010

This week started the 1Q financial report's season. We had an acceptable Alcoa result, an excellent one from Intel and JPMorgan. On the other hand, Bank of America's report wasn't the best. They reported 25% profit drop. (Information got from Marketwatch).Naturally, the stock markets, especially the bank sector, reacted negatively. The main bank items lost from their price.

The price of some bank financial institutes.
Bank Of America Corporation (BAC)$18.73 (-0.75/-3.85%)
JPMorgan Chase & Co (JPM) $46.16(-1.65/-3.45%)
Commerzbank AG (CBK) 6.365€(-0.188/-2.87%) on XETRA; 6.379€ (-0.210/3.19%) on Frankfurt

Now, let's see the charts: