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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 -2.36%  and ICE /zigman2/quotes/209108507/composite ICE -1.96%  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 -1.38%   /zigman2/quotes/203431168/delayed DBOEY -0.34%  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 -2.27% . On the upside, Wells Fargo & Co.’s /zigman2/quotes/203790192/composite WFC -5.61%   shares added 2%.

In the broader financial sector, the Financial Select Sector SPDR exchange-traded fund /zigman2/quotes/209660484/composite XLF -3.32% , 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 -2.53% , Travelers Cos. /zigman2/quotes/206313935/composite TRV -3.34% , American Express Co. /zigman2/quotes/203805826/composite AXP -8.62%  and Bank of America Corp. /zigman2/quotes/200894270/composite BAC -3.93% fell. Meanwhile, shares of J.P. Morgan Chase & Co. /zigman2/quotes/205971034/composite JPM -3.01% rose.

/zigman2/quotes/205547889/composite
US : U.S.: Nasdaq
$ 203.68
-4.92 -2.36%
Volume: 565,579
Nov. 26, 2021 1:00p
P/E Ratio
29.67
Dividend Yield
1.06%
Market Cap
$34.88 billion
Rev. per Employee
$1.17M
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/zigman2/quotes/209108507/composite
US : U.S.: NYSE
$ 129.68
-2.59 -1.96%
Volume: 1.54M
Nov. 26, 2021 1:10p
P/E Ratio
23.97
Dividend Yield
1.02%
Market Cap
$74.52 billion
Rev. per Employee
$859,618
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/zigman2/quotes/205502669/delayed
DE : Germany: Frankfurt
143.35
-2.00 -1.38%
Volume: 212.00
Nov. 26, 2021 8:59p
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/delayed
US : U.S.: OTC
$ 16.11
-0.06 -0.34%
Volume: 46,574
Nov. 26, 2021 12:56p
P/E Ratio
22.66
Dividend Yield
1.48%
Market Cap
$29.72 billion
Rev. per Employee
$627,395
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,594.62
-106.84 -2.27%
Volume: 2.10B
Nov. 26, 2021 2:12p
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/zigman2/quotes/203790192/composite
US : U.S.: NYSE
$ 48.43
-2.88 -5.61%
Volume: 29.92M
Nov. 26, 2021 1:10p
P/E Ratio
11.44
Dividend Yield
1.65%
Market Cap
$204.58 billion
Rev. per Employee
$305,853
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/zigman2/quotes/209660484/composite
US : U.S.: NYSE Arca
$ 38.77
-1.33 -3.32%
Volume: 76.49M
Nov. 26, 2021 1:10p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,899.34
-905.04 -2.53%
Volume: 325.39M
Nov. 26, 2021 2:12p
loading...
/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 153.66
-5.31 -3.34%
Volume: 1.26M
Nov. 26, 2021 1:10p
P/E Ratio
10.75
Dividend Yield
2.29%
Market Cap
$39.11 billion
Rev. per Employee
$1.05M
loading...
/zigman2/quotes/203805826/composite
US : U.S.: NYSE
$ 156.82
-14.79 -8.62%
Volume: 6.80M
Nov. 26, 2021 1:10p
P/E Ratio
16.40
Dividend Yield
1.10%
Market Cap
$132.92 billion
Rev. per Employee
$599,451
loading...
/zigman2/quotes/200894270/composite
US : U.S.: NYSE
$ 45.76
-1.87 -3.93%
Volume: 55.11M
Nov. 26, 2021 1:10p
P/E Ratio
13.69
Dividend Yield
1.84%
Market Cap
$389.81 billion
Rev. per Employee
$445,624
loading...
/zigman2/quotes/205971034/composite
US : U.S.: NYSE
$ 161.93
-5.03 -3.01%
Volume: 13.62M
Nov. 26, 2021 1:10p
P/E Ratio
10.24
Dividend Yield
2.47%
Market Cap
$493.41 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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