Bank of America, Disney: Dow Movers
By Alexandra Zendrian - 04/09/12 - 4:34 PM EDT
NEW YORK (TheStreet
) -- U.S. stocks finished Monday down as investors digested Friday's disappointing jobs report
The Dow Jones Industrial Average
declined 130.55 points, or 1%, to 12,929.59. The S&P 500
fell 15.88 points to 1,382.20 and the Nasdaq Composite
lost 33.42 points to 3,047.08.
Breadth within the Dow was negative with 28 of the index's 30 components posting losses.
The biggest percentage decliners among the blue chips were Bank of America
, Walt Disney
Shares of Bank of America fell 3.25% to $8.93. The bank is scheduled to report its first-quarter results on April 19. Analysts, on average, anticipate earnings of 12 cents a share on revenue of $22.7 billion.
gives Bank of America a C- grade
and a hold rating.
Disney shares fell 2.25% to $42.11. TheStreet Ratings
gives Disney an A+ grade with a buy rating and $49.76
The two Dow stocks that finished Monday up were Hewlett-Packard
. Neither stock had gains of more than 1%.
Dow component Alcoa
kicks off earnings season on Tuesday
. Analysts, on average, anticipate a loss of 4 cents a share and revenue of $5.77 billion.
--Written by Alexandra Zendrian in New York
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