SPDR S&P 500 ETF (NYSEARCA:SPY) and Nokia (NYSE:NOK) Among Most Active Stocks in NYSE Pre-Market

By Christopher Witrak  SEP 26, 2012 9:30 AM

Bank of America was down this morning.

 


MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Nokia (NYSE:NOK), SPDR S&P 500 ETF (NYSEARCA:SPY), and Bank of America (NYSE:BAC) as of 9:15 a.m.

Investors traded 1.83 million shares of Nokia, which was down $0.08, or 2.96%. Yesterday Nokia announced that it will release two new touch-screen cellphone models. The Nokia Asha 308 and the Nokia Asha 309 will sell for $99 each, and Nokia expects to begin deliveries in the fourth quarter of this year. 
 
Investors also traded 1.61 million shares of SPDR S&P 500 ETF, which was down $0.16, or 0.11%. US stocks have followed Asian and European equities down in pre-market trading this morning. The eurozone debt crisis has investors worried again, and Chinese stocks have reached their lowest level since January of 2009.

Investors exchanged 1.29 million shares of Bank of America, which was down $0.06, or 0.62%. According to Bloomberg, the Federal Reserve's latest mortgage bond purchases are aiding profit margins of lenders more than homebuyers and property owners looking to refinance.

(See also Pre-Market Primer: Markets Decline While Catalonia Mulls Secession From Spain)

Twitter: @ChrisWitrak
No positions in stocks mentioned.