9.84%QQQQ 30.60 8.96%XLF 15.45 10.85%
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NEW YORK - Shares of investment banks closed mixed Wednesday as Morgan Stanley said its fiscal second-quarter profit plunged 61 percent and amid continued concern about deterioration in the credit markets.
Shares of Goldman Sachs Group Inc. managed to rise, a day after the bank reported better-than-expected earnings.
Here's a look at how investment banks fared Wednesday:
Morgan Stanley, up 21 cents at $40.80
Goldman Sachs, up $3.33 to $182.77
Lehman Brothers Holdings Inc., down 36 cents to $24.78
Merrill Lynch & Co., off 37 cents to $37.55
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