The Dow Jones industrial average fell for the first time in five days as weaker-than-expected readings on activity in the service industry and private-sector employment shook investor confidence in an imminent economic recovery. The DJIA closed down 39 points, or 0.42 percent, at 9,281.

Financial stocks were among the Dow's biggest winners, with Bank of America (BAC), American Express (AXP) and JPMorgan Chase (JPM) all surging. A handful of seriously troubled financials saw huge gains, including CIT Group (CIT), which rose 38 percent, and American International Group (AIG), which posted a 63 percent gain.

For more stocks making moves today, be sure to check out BloggingStocks' market wrap-up.

Increase your money and finance knowledge from home

Basics of Diversification

Learn one of the fundamental concepts of building a portfolio.

View Course »

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Add a Comment

*0 / 3000 Character Maximum