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Wall Street News

5/24 Weekly Recap: Financial Stocks and Market Indices Limp Into the Holiday Weekend

May 25, 2019

by Howard Haykin

 

The Financialish 30 Index declined 0.2% for the week ended 5/24/19, significantly "better" than the S&P 500 Index, which declined 1.2%.

 

Among the 10 Largest Financial Stocks ... 

  • TD Bank (+3.6%) and American Express (+0.8%) were the on the plus side this week.
  • Morgan Stanley (-2.3%) and Goldman Sachs (-2.0%) were the biggest losers.
  • Morgan Stanley has not had a positive weekly return since April 18, dropping $3.55 in price, or 7.5%.

 

►     Above 10 stocks are ranked by market capitalization.  [Yahoo! Finance]

►     Click here for 5/24 closing prices of all stocks in the Financialish 30 Index.