Closing Glance: Shares of commercial banks mostly slide

NEW YORK—Commercial bank stocks mostly fell as the broader markets gave up earlier gains due in part to data showing employers cut far fewer jobs in April than forecast and news the Federal Reserve will work with European central banks to counteract the global credit crisis.

Elsewhere, National City Corp. said Friday it has completed raising $7 billion in capital.

Here's how some shares of commercial banks traded:

National City, up 17 cents at $6.50

Wachovia Corp., up 4 cents at $30.08

First Horizon National Corp., down 29 cents, or 2.5 percent, to $11.13

Zions Bancorp., down 20 cents at $49.14

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