Bank of America said Wednesday it lost $5.2 billion in the fourth quarter of 2009 and $2.4 billion for the year. Investment bank Morgan Stanley said it earned $413 million in the fourth quarter and $1.15 billion for the year.
In midmorning trading Thursday, the Dow Jones industrial average lost 15.26 points, 0.14 percent, to 10,587.89. The Standard & Poor's 500 added 0.17 percent, 1.98 points, to 1,140.02. The Nasdaq composite index added 0.66 percent, 15.21 points, to 2,306.46.
The benchmark 10-year U.S. Treasury bill fell 4/32 to yield 3.669 percent.
The euro fell to $1.4101 from Wednesday's $1.4104. Against the yen, the dollar rose to 91.74 yen from Wednesday's 91.23 yen.
In Tokyo, the Nikkei 225 index added 1.22 percent, 130.89, to 10,868.41.
Copyright 2010 by United Press International.
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