(MENAFN- The Peninsula) NEW YORK: Wall Street closed mixed Wednesday as a decline in oil prices were balanced with gains by investment banks.
The Dow decreased 22 points to end the trading day at 19,804 -- closing with losses for a fourth consecutive day.
The S & P added four points to finish at 2,271 and the Nasdaq rose 16 points to 5,555.
At the final bell, American benchmark West Texas Intermediate was down 2 percent to $51.30 a barrel, while international benchmark Brent crude was at $54.20 -- a 2.2 percent decline.
Banking giants Bank of America and Morgan Stanley saw their stocks increase 2.6 percent and 1.7 percent, respectively. Both banks recently posted fourth-quarter gains.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.