Wall Street Roundup: Banking on Bernanke. Morgan’s haunted house.
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Gold: Trading now at $1,818 an ounce, down 2.3% from Tuesday. Dow Jones industrial average: Trading now at 11,278.82, up 0.9% from Tuesday.
Banking on Ben. Investors hoping that Fed Chairman Ben S. Bernanke will soon unveil a new stimulus plan -- a QE3 -- may be sorely disappointed.
Bank of America’s defenders. Bank of America’s stock has been falling fast -- now a number of financial analysts are coming to the bank’s defense.
JPMorgan’s haunted house. The grand old home of JPMorgan, right across the street from the New York Stock Exchange, has sat empty for five years. There’s now a big push to get it filled.
-- Nathaniel Popper
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