Bank Stocks Stall: Financial Losers
NEW YORK (TheStreet) -- Morgan Stanley was the loser among the largest U.S. banks on Monday, with the shares down 2% to close at $22.31.
The broad indices ended flat, as investors paused after last week's rally.
The Census Bureau on Monday said durable-goods orders rose 4.6% in December after rising 0.7% in November, with much of the increase coming from orders from defense firms and commercial-aircraft manufacturers. Economists, on average, were expecting orders to rise 1.8% in December, according to Briefing.com.
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