Correction to Article on Bank Stocks Tumbling
March 09 2020 - 5:57PM
Dow Jones News
The article "Bank Stocks Plunge Along With Oil" at 12:36 ET, had
several errors. First, it contained incorrect percentage changes
for a number of the banks mentioned in the 2nd and last paragraphs.
Shortly after the market opened, Bank of America stock was down
15.3%; JPMorgan was down 11.7%; U.S. Bancorp was down 12.7%;
Regions Financial was down as much as 16.5%, and Comerica was down
about 11%. The article incorrectly stated the percentages as 25%,
21%, 23%, 23% and 27%, respectively. The 2nd paragraph also
incorrectly said Bank of America and JPMorgan shares recovered
ground intraday. Also, oil prices suffered their worst day since
1991; the 3rd paragraph incorrectly stated oil prices fell to their
lowest level since the 1991 Gulf War. (March 9)
(END) Dow Jones Newswires
March 09, 2020 17:42 ET (21:42 GMT)
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