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May 17, 2011, 1:22 p.m. EDT

NYSE falls again; financials manage gain

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By Greg Morcroft and Val Brickates Kennedy, MarketWatch

BOSTON (MarketWatch) — Shares of NYSE Euronext Inc. fell for a second day Tuesday after rivals Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. withdrew their roughly $11 billion bid for the stock-exchange operator.

Shares of NYSE Euronext  shed almost 4%.

Click to Play

Blue chips tumble on housing, H-P

Stocks fall as weaker-than-expected readings on housing and industrial production combine with a negative outlook from technology giant Hewlett-Packard.

Analysts at Argus downgraded NYSE Euronext shares to hold from buy.

“With Nasdaq /zigman2/quotes/205547889/composite NDAQ -2.28%  and ICE /zigman2/quotes/209108507/composite ICE -0.76%  out of the picture, it’s highly unlikely that another suitor for NYX will emerge; it’s also unlikely that Deutsche Boerse /zigman2/quotes/205502669/delayed DE:DB1 -2.32%   /zigman2/quotes/203431168/composite DBOEY -2.06%  will increase its own offer,” the analysts wrote in their note.

Janus Capital Group Inc. , off almost 5%, was the steepest decliner among the financial stocks in the Standard & Poor’s 500 index /zigman2/quotes/210599714/realtime SPX -1.91% . On the upside, Wells Fargo & Co.’s /zigman2/quotes/203790192/composite WFC -2.89%   shares added 2%.

In the broader financial sector, the Financial Select Sector SPDR exchange-traded fund /zigman2/quotes/209660484/composite XLF -2.34% , which tracks the financial stocks in the S&P 500, recovered from an early slump, inching up 0.2%.

Among the four financial stocks in the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.91% , Travelers Cos. /zigman2/quotes/206313935/composite TRV -3.54% , American Express Co. /zigman2/quotes/203805826/composite AXP -3.53%  and Bank of America Corp. /zigman2/quotes/200894270/composite BAC -2.51% fell. Meanwhile, shares of J.P. Morgan Chase & Co. /zigman2/quotes/205971034/composite JPM -1.68% rose.

/zigman2/quotes/205547889/composite
US : U.S.: Nasdaq
$ 204.31
-4.77 -2.28%
Volume: 432,930
Nov. 30, 2021 3:51p
P/E Ratio
29.94
Dividend Yield
1.05%
Market Cap
$34.96 billion
Rev. per Employee
$1.17M
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/zigman2/quotes/209108507/composite
US : U.S.: NYSE
$ 130.90
-1.00 -0.76%
Volume: 1.58M
Nov. 30, 2021 3:51p
P/E Ratio
24.29
Dividend Yield
1.00%
Market Cap
$74.31 billion
Rev. per Employee
$859,618
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/zigman2/quotes/205502669/delayed
DE : Germany: Frankfurt
138.85
-3.30 -2.32%
Volume: 180.00
Nov. 30, 2021 5:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
N/A
Rev. per Employee
€555,390
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/zigman2/quotes/203431168/composite
US : U.S.: OTC
$ 15.68
-0.33 -2.06%
Volume: 432,944
Nov. 30, 2021 3:36p
P/E Ratio
22.06
Dividend Yield
1.52%
Market Cap
$29.41 billion
Rev. per Employee
$627,395
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/zigman2/quotes/210599714/realtime
US : S&P US
4,566.45
-88.82 -1.91%
Volume: 2.42B
Nov. 30, 2021 3:51p
loading...
/zigman2/quotes/203790192/composite
US : U.S.: NYSE
$ 47.74
-1.42 -2.89%
Volume: 25.96M
Nov. 30, 2021 3:51p
P/E Ratio
11.30
Dividend Yield
1.67%
Market Cap
$196.01 billion
Rev. per Employee
$305,853
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/zigman2/quotes/209660484/composite
US : U.S.: NYSE Arca
$ 37.98
-0.91 -2.34%
Volume: 93.91M
Nov. 30, 2021 3:51p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,465.62
-670.32 -1.91%
Volume: 397.61M
Nov. 30, 2021 3:51p
loading...
/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 147.00
-5.40 -3.54%
Volume: 1.31M
Nov. 30, 2021 3:51p
P/E Ratio
10.33
Dividend Yield
2.38%
Market Cap
$37.49 billion
Rev. per Employee
$1.05M
loading...
/zigman2/quotes/203805826/composite
US : U.S.: NYSE
$ 152.28
-5.58 -3.53%
Volume: 4.17M
Nov. 30, 2021 3:51p
P/E Ratio
15.98
Dividend Yield
1.13%
Market Cap
$122.27 billion
Rev. per Employee
$599,451
loading...
/zigman2/quotes/200894270/composite
US : U.S.: NYSE
$ 44.45
-1.15 -2.51%
Volume: 49.91M
Nov. 30, 2021 3:51p
P/E Ratio
13.31
Dividend Yield
1.89%
Market Cap
$373.11 billion
Rev. per Employee
$445,624
loading...
/zigman2/quotes/205971034/composite
US : U.S.: NYSE
$ 158.52
-2.71 -1.68%
Volume: 10.32M
Nov. 30, 2021 3:51p
P/E Ratio
10.05
Dividend Yield
2.52%
Market Cap
$476.48 billion
Rev. per Employee
$492,730
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Greg Morcroft is MarketWatch's financial editor in New York. Val Brickates Kennedy is a reporter for MarketWatch in Boston.

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