Today's Volume Leaders: Citi, SPY, BofA, and Sprint (C, BAC, SPY, S)

NYSE Floor - Traders

Volume on the major exchanges is light today but as usual leading the charge is Citigroup Inc. (NYSE:C) followed by the SPDR S&P 500 (ETF) (NYSE:SPY), Bank of America (NYSE:BAC) and Sprint (NYSE:S).

Brazil blew it by rejecting an offer to buy 30% of Citigroup (NYSE:C) as the bank tried to raise capital in the crisis, the country's energy and mines minister says. “We made a mistake,” says Edison Lobao. “We could have bought it and made a big profit. It was a lost opportunity, but I think any prudent government would have been cautious."

Brazil could have picked up Citi on the cheap, under $1 a share, today shares of Citi are at $4.24

The  SPDR S&P 500 (ETF) (NYSE:SPY) is trading near its 52-week high of $111.74, shares are flat heading into the afternoon at $110.  Henry Blodget believes the Markets Are 20% Overvalued; and its Time to Short The SPY (click to read article).

Today's volume leaders are the following:

Symbol Name Last Trade Change Volume
C CITIGROUP INC 4.23 2:00PM ET Down 0.05 (1.17%) 132,966,287
SPY S&P DEP RECEIPTS 110.70 2:00PM ET Down 0.12 (0.11%) 86,063,750
BAC BK OF AMERICA CP 16.14 2:00PM ET Down 0.15 (0.92%) 82,273,359
S SPRINT NXTEL CP 3.80 2:00PM ET Down 0.10 (2.56%) 82,628,272



WallStNation.comThanks for visiting, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)

Share Content

Share this article with others, is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary

Please Review the Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details