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5/10 Weekly Update: Financialish-30-Index and Standard-And-Poor's-500 Take Losses for the Week
May 11, 2019
by Howard Haykin
The Financialish 30 Index declined 2.1% for the week ended 5/10/19, slightly better than the S&P 500 Index, which declined 2.2%.
- For a change, there were no winners this past week.
- American Express (-0.8%) suffered the smallest loss, while Citigroup (-4.2%), Morgan Stanley (-4.2%) and Wells Fargo (-4.1%) were the biggest losers.
- For the record, Morgan Stanley is the only financial company that has not had a weekly advance in 3 weeks - the prior 2 weeks were unchanged.
► Above 10 stocks are ranked by market capitalization. [Yahoo! Finance]
► Click here for 5/10 closing prices of all stocks in the Financialish 30 Index.
