Stocks Flat Ahead of Holiday

By Kevin Spak,  Newser Staff
Posted May 22, 2009 8:48 AM CDT
Stocks Flat Ahead of Holiday
Traders work on the floor of the New York Stock Exchange Thursday, May 14, 2009.   (AP Photo/Richard Drew)

Stocks got a small bounce at the open after yesterday’s 130-point selloff, the Wall Street Journal reports. The major indexes gave back minor gains this morning, to trade mostly flat. Volume is expected to be low and volatility high ahead of the three-day Memorial Day weekend. AIG was down 4% on news that Edward Liddy will step down, and other financials were under pressure following the FDIC seizure of BankUnited, the biggest bank failure this year. (More stock market stories.)

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