Shares of investments banks fell with the broader markets early Tuesday as oil prices hit a new record and a new government report said wholesale inflation rose in April more than expected.
How shares of major investment banks were faring:
Bear Stearns Cos. fell 19 cents to $9.99.
Goldman Sachs Group Inc. fell 65 cents to $183.75.
Lehman Brothers Holdings Inc. fell 39 cents to $42.40.
Merrill Lynch & Co. fell 76 cents to $46.95.
Morgan Stanley fell $1.12 to $45.08.
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