MARKET PULSE-Banks, JC Penney, Carnival Corp, Constellation Brands

Mon Mar 18, 2013 10:38am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

March 18 (Reuters) - Some U.S. stocks on the move on Monday:

(For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

WALL ST SLUMPS AT OPEN ON EUROPEAN CONCERNS

U.S. stocks dropped on Monday at the open as a divisive bailout plan for Cyprus knocked confidence in banks and provided investors a reason to lock in profits from the recent rally.

The Dow Jones industrial average was down 97.11 points, or 0.67 percent. The Standard & Poor's 500 Index was down 12.24 points, or 0.78 percent. The Nasdaq Composite Index was down 34.82 points, or 1.07 percent.

** BANK OF AMERICA CORP, $12.38, down 1.5 pct (0941 ET)

** CITIGROUP INC, $46.14, down 2.2 pct (0941 ET)   Continued...