NEW YORK, Aug 22 (Reuters) - U.S. S&P 500 futures shot up after the close on Wednesday as the Wall Street Journal reported Bank of America Corp. (BAC.N: Quote, Profile, Research) plans to invest $2 billion in preferred stock issued by mortgage lender Countrywide Financial Corp. (CFC.N: Quote, Profile, Research)
S&P 500 futures (SPc1: Quote, Profile, Research) were up 10.40 points, well above fair value, a formula to evaluate pricing taking into account interest rates, dividends and time to expiration on the contract.
-
- There are more pages in this discussion • 99 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |