NEW YORK—Shares of investment banks finished mixed Tuesday as new data indicated mortgage and housing markets continue to deteriorate and a day before the Federal Reserve Board announces if it will continue to slash interest rates.
How shares of some major investment banks fared Tuesday:
Bear Stearns Cos. rose 2 cents to $10.69.
Goldman Sachs Group Inc. rose $2.44 to $192.68.
Lehman Brothers Holdings Inc. fell 95 cents, or 2 percent, to $46.57.
Merrill Lynch & Co. rose 2 cents to $49.82.
Morgan Stanley fell 95 cents to $48.96.
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