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Opening Glance: Investment Banks dip

By Associated Press
May 21, 2008 | Comments (0)

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Shares of investment banks dipped early Wednesday morning, trading down slightly while the broader market started off with a modest gain and then turned mixed as investor concern mounted regarding inflation and continued rising oil prices.

Bear Stearns Cos. shares slipped 4 cents to $9.57.

Goldman Sachs Group Inc. fell 48 cents to $181.95.

Lehman Brothers Holdings Inc. fell 55 cents to $41.45.

Merrill Lynch & Co. shares fell 21 cents to $46.10.

Morgan Stanley fell 73 cents to $44.07.

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