Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, November 17, 2010

Wednesday

The Dow fell for the fourth time in five days after a day of choppy trading that saw markets dragged down by financial stocks. The blue-chip average was helped by strong earnings by retailers, keeping the average above the 11,000 mark. Financial stocks led the declines after The Wall Street Journal reported that the Fed will require all 19 banks that underwent stress tests during the height of the financial crisis to undergo another review of their capital and their ability to absorb losses under an "adverse" economic scenario. DJIA -15.62 Nasdaq +6.17 S&P 500 +.25.