Opening Glance: Shares of commercial banks fall
By
Associated Press
May 20, 2008
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Commercial bank stocks fell Tuesday morning with the broader market, after the Labor Department said wholesale inflation rose in April and crude oil prices touched yet another all-time high.
Here's how some shares of commercial banks were trading:
National City Corp., down 18 cents to $5.70.
Wachovia Corp., down 51 cents to $26.85.
First Horizon National Corp., down 23 cents, or 2.3 percent, to $9.61.
Zions Bancorp., down 51 cents to $43.63.